Koss Olinger Consulting LLC Makes New Investment in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Koss Olinger Consulting LLC acquired a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 307,140 shares of the company’s stock, valued at approximately $55,903,000. iShares S&P 500 Value ETF makes up about 5.2% of Koss Olinger Consulting LLC’s holdings, making the stock its 2nd biggest position.

Several other hedge funds have also added to or reduced their stakes in the company. Cetera Investment Advisers boosted its position in shares of iShares S&P 500 Value ETF by 905.6% in the 1st quarter. Cetera Investment Advisers now owns 1,410,516 shares of the company’s stock worth $263,498,000 after purchasing an additional 1,270,256 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares S&P 500 Value ETF by 503.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 1,377,642 shares of the company’s stock worth $257,357,000 after acquiring an additional 1,149,497 shares in the last quarter. CWM LLC grew its stake in iShares S&P 500 Value ETF by 228.4% in the first quarter. CWM LLC now owns 1,496,348 shares of the company’s stock valued at $279,533,000 after acquiring an additional 1,040,767 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares in the last quarter. Finally, Park Avenue Securities LLC raised its position in shares of iShares S&P 500 Value ETF by 1,337.4% during the first quarter. Park Avenue Securities LLC now owns 902,534 shares of the company’s stock worth $168,602,000 after purchasing an additional 839,744 shares during the period.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $191.23 on Friday. The business’s 50-day simple moving average is $188.23 and its 200-day simple moving average is $184.25. iShares S&P 500 Value ETF has a fifty-two week low of $147.23 and a fifty-two week high of $196.36. The stock has a market capitalization of $34.26 billion, a PE ratio of 23.79 and a beta of 0.81.

About iShares S&P 500 Value ETF

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics.