14,426 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Acquired by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 14,426 shares of the company’s stock, valued at approximately $2,754,000. iShares S&P 500 Value ETF comprises 1.6% of Flagship Wealth Advisors LLC’s holdings, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVE. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $29,000. Providence First Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Centricity Wealth Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $34,000. Finally, Perkins Coie Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter valued at $35,000.

iShares S&P 500 Value ETF Trading Up 1.6 %

Shares of IVE opened at $188.81 on Monday. The business’s fifty day simple moving average is $194.27 and its two-hundred day simple moving average is $196.22. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company has a market cap of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.