iShares S&P 500 Value ETF $IVE Position Lifted by FLP Wealth Management LLC

FLP Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1,182.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,964 shares of the company’s stock after acquiring an additional 22,096 shares during the period. iShares S&P 500 Value ETF comprises approximately 5.0% of FLP Wealth Management LLC’s holdings, making the stock its 8th largest position. FLP Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $5,082,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IVE. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Value ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,121,389 shares of the company’s stock worth $4,568,288,000 after buying an additional 1,137,886 shares in the last quarter. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Value ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after buying an additional 72,040 shares in the last quarter. UBS Group AG grew its stake in shares of iShares S&P 500 Value ETF by 1.0% during the 3rd quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock valued at $744,423,000 after acquiring an additional 37,372 shares during the period. Ameriprise Financial Inc. grew its stake in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after acquiring an additional 484,782 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $211.86 on Friday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The stock has a market cap of $47.86 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. The company’s 50 day moving average is $216.44 and its two-hundred day moving average is $212.38.

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.