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

Flagship Wealth Advisors LLC bought a new position in iShares S&P 500 Value ETF (NYSEARCA:IVE) during the fourth quarter, HoldingsChannel reports. The fund bought 14,426 shares of the company’s stock, valued at approximately $2,754,000. iShares S&P 500 Value ETF accounts for 1.6% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors also recently bought and sold shares of the company. Chesapeake Wealth Management raised its stake in shares of iShares S&P 500 Value ETF by 3.8% during the third quarter. Chesapeake Wealth Management now owns 1,382 shares of the company’s stock valued at $272,000 after acquiring an additional 50 shares in the last quarter. West Coast Financial LLC raised its stake in iShares S&P 500 Value ETF by 0.3% in the fourth quarter. West Coast Financial LLC now owns 16,432 shares of the company’s stock worth $3,137,000 after buying an additional 53 shares in the last quarter. SWP Financial LLC raised its stake in iShares S&P 500 Value ETF by 0.4% in the fourth quarter. SWP Financial LLC now owns 12,799 shares of the company’s stock worth $2,443,000 after buying an additional 54 shares in the last quarter. Roble Belko & Company Inc raised its stake in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Roble Belko & Company Inc now owns 11,238 shares of the company’s stock worth $2,145,000 after buying an additional 57 shares in the last quarter. Finally, Family Firm Inc. raised its stake in iShares S&P 500 Value ETF by 0.5% in the fourth quarter. Family Firm Inc. now owns 10,464 shares of the company’s stock worth $1,998,000 after buying an additional 57 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 1.6 %

Shares of NYSEARCA:IVE opened at $188.81 on Monday. The company has a market capitalization of $36.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The firm has a 50 day moving average of $194.27 and a 200 day moving average of $196.22.

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.