Florin Court Capital LLP Raises Position in iShares S&P 500 Value ETF $IVE

Florin Court Capital LLP increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 211.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,000 shares of the company’s stock after buying an additional 12,900 shares during the quarter. iShares S&P 500 Value ETF accounts for about 3.1% of Florin Court Capital LLP’s holdings, making the stock its 9th biggest holding. Florin Court Capital LLP’s holdings in iShares S&P 500 Value ETF were worth $3,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVE. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $26,000. Harbor Asset Planning Inc. acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $30,000. Tripletail Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $37,000. Rossmore Private Capital bought a new position in iShares S&P 500 Value ETF in the 3rd quarter valued at approximately $44,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new stake in iShares S&P 500 Value ETF in the third quarter valued at approximately $57,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $216.74 on Wednesday. The firm’s fifty day moving average price is $213.22 and its two-hundred day moving average price is $207.17. The stock has a market cap of $48.99 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a fifty-two week low of $165.45 and a fifty-two week high of $218.44.

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. 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.