Flagship Private Wealth LLC Buys 307 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Flagship Private Wealth LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,865 shares of the company’s stock after acquiring an additional 307 shares during the quarter. Flagship Private Wealth LLC’s holdings in iShares S&P 500 Value ETF were worth $738,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Hsbc Holdings PLC raised its holdings in iShares S&P 500 Value ETF by 50.3% in the second quarter. Hsbc Holdings PLC now owns 5,605 shares of the company’s stock worth $1,020,000 after buying an additional 1,875 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of iShares S&P 500 Value ETF by 43.2% during the second quarter. The Manufacturers Life Insurance Company now owns 918,220 shares of the company’s stock valued at $167,125,000 after acquiring an additional 277,110 shares in the last quarter. Clarity Asset Management Inc. raised its holdings in iShares S&P 500 Value ETF by 14.7% in the 2nd quarter. Clarity Asset Management Inc. now owns 4,632 shares of the company’s stock worth $843,000 after acquiring an additional 593 shares during the last quarter. Raab & Moskowitz Asset Management LLC bought a new position in iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $203,000. Finally, Ascent Group LLC increased its holdings in shares of iShares S&P 500 Value ETF by 28.4% in the 2nd quarter. Ascent Group LLC now owns 37,586 shares of the company’s stock worth $6,841,000 after purchasing an additional 8,308 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $196.15 on Friday. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The company has a market cap of $35.14 billion, a P/E ratio of 23.79 and a beta of 0.81. The stock’s fifty day moving average price is $196.39 and its 200-day moving average price is $194.46.

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.