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

Flagstar Advisors Inc. lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,261 shares of the company’s stock after buying an additional 731 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.1% of Flagstar Advisors Inc.’s portfolio, making the stock its 25th biggest holding. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,440,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVE. Stifel Financial Corp raised its stake in shares of iShares S&P 500 Value ETF by 2.5% during the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock worth $490,670,000 after buying an additional 60,868 shares during the last quarter. PNC Financial Services Group Inc. raised its position in iShares S&P 500 Value ETF by 7.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after acquiring an additional 139,651 shares during the last quarter. International Assets Investment Management LLC increased its position in iShares S&P 500 Value ETF by 18,046.1% during the third quarter. International Assets Investment Management LLC now owns 1,333,560 shares of the company’s stock worth $262,938,000 after buying an additional 1,326,211 shares in the last quarter. Huntington National Bank raised its holdings in shares of iShares S&P 500 Value ETF by 6.9% in the third quarter. Huntington National Bank now owns 1,045,926 shares of the company’s stock worth $206,225,000 after acquiring an additional 67,448 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 5.8% in the fourth quarter. Park Avenue Securities LLC now owns 947,689 shares of the company’s stock valued at $180,895,000 after acquiring an additional 51,773 shares in the last quarter.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $197.74 on Wednesday. The company has a market cap of $36.07 billion, a PE ratio of 22.47 and a beta of 0.95. The company has a 50-day simple moving average of $194.23 and a 200-day simple moving average of $195.55. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63.

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.