Flputnam Investment Management Co. Buys 182 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Flputnam Investment Management Co. grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,193 shares of the company’s stock after acquiring an additional 182 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares S&P 500 Value ETF were worth $381,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Peoples Bank KS purchased a new position in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $25,000. Allspring Global Investments Holdings LLC raised its stake in shares of iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after purchasing an additional 140 shares during the last quarter. Fortis Capital Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $28,000. First Pacific Financial purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at $30,000. Finally, Sound Income Strategies LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $35,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $176.91 on Friday. The company’s 50-day simple moving average is $180.90 and its two-hundred day simple moving average is $170.52. The stock has a market capitalization of $31.75 billion, a P/E ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24.

iShares S&P 500 Value ETF Profile

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.