Flagstar Advisors Inc. Boosts Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Flagstar Advisors Inc. boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 13.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,920 shares of the company’s stock after buying an additional 2,588 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.1% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 22nd largest position. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,095,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IVE. Vima LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $27,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $29,000. First Pacific Financial bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $30,000. Sound Income Strategies LLC bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Stock Down 0.3 %

Shares of IVE stock traded down $0.57 on Wednesday, hitting $182.03. The stock had a trading volume of 398,315 shares, compared to its average volume of 807,420. The business has a 50 day moving average price of $182.20 and a 200 day moving average price of $179.11. The company has a market cap of $32.61 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $187.24.

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.