iShares S&P 500 Value ETF $IVE Shares Sold by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,433 shares of the company’s stock after selling 3,047 shares during the period. Flagship Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cassaday & Co Wealth Management LLC raised its stake in shares of iShares S&P 500 Value ETF by 3,286.8% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after buying an additional 1,119,709 shares during the last quarter. Morgan Stanley grew its holdings in iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after acquiring an additional 1,068,945 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after acquiring an additional 821,872 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after acquiring an additional 816,767 shares in the last quarter. Finally, CWM LLC lifted its holdings in iShares S&P 500 Value ETF by 37.5% in the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after acquiring an additional 702,987 shares during the period.

iShares S&P 500 Value ETF Trading Down 0.2%

iShares S&P 500 Value ETF stock opened at $231.71 on Friday. The firm has a market cap of $48.97 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $234.91. The stock’s 50 day simple moving average is $228.83 and its two-hundred day simple moving average is $221.90.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.