Mayflower Financial Advisors LLC Grows Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mayflower Financial Advisors LLC boosted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,338 shares of the company’s stock after acquiring an additional 2,101 shares during the quarter. iShares S&P 500 Value ETF comprises about 0.9% of Mayflower Financial Advisors LLC’s holdings, making the stock its 26th largest holding. Mayflower Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,791,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. raised its position 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 valued at $29,000 after purchasing an additional 76 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $35,000. Perkins Coie Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $35,000. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $36,000.

iShares S&P 500 Value ETF Trading Down 0.3 %

IVE stock opened at $197.53 on Wednesday. The firm has a market cap of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $173.01 and a 12-month high of $206.63. The stock’s 50 day simple moving average is $196.34 and its 200 day simple moving average is $194.72.

iShares S&P 500 Value ETF Company 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.