BridgePort Financial Solutions LLC Has $3.82 Million Position in iShares S&P 500 Value ETF $IVE

BridgePort Financial Solutions LLC raised its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,032 shares of the company’s stock after acquiring an additional 3,824 shares during the quarter. iShares S&P 500 Value ETF comprises 1.0% of BridgePort Financial Solutions LLC’s portfolio, making the stock its 25th largest position. BridgePort Financial Solutions LLC’s holdings in iShares S&P 500 Value ETF were worth $3,824,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter valued at about $29,000. Ransom Advisory Ltd acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $31,000. Center for Financial Planning Inc. bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $32,000. Finally, Tripletail Wealth Management LLC bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $37,000.

iShares S&P 500 Value ETF Trading Up 0.2%

iShares S&P 500 Value ETF stock opened at $211.86 on Friday. The firm has a market capitalization of $47.86 billion, a P/E ratio of 20.70 and a beta of 0.89. The business has a 50-day moving average of $216.53 and a 200-day moving average of $212.32. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $223.05.

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.