3,274 Shares in iShares S&P 500 Value ETF (NYSEARCA:IVE) Purchased by Florida Financial Advisors LLC

Florida Financial Advisors LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,274 shares of the company’s stock, valued at approximately $625,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stifel Financial Corp grew its position in shares of iShares S&P 500 Value ETF by 2.5% in the 3rd quarter. Stifel Financial Corp now owns 2,488,560 shares of the company’s stock valued at $490,670,000 after acquiring an additional 60,868 shares during the period. PNC Financial Services Group Inc. increased its position in iShares S&P 500 Value ETF by 8.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,142,670 shares of the company’s stock worth $408,993,000 after acquiring an additional 167,028 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $311,273,000. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Value ETF by 3.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,527,973 shares of the company’s stock worth $291,659,000 after buying an additional 49,640 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in iShares S&P 500 Value ETF by 8.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 999,059 shares of the company’s stock worth $190,700,000 after acquiring an additional 73,706 shares during the period.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $191.82 on Tuesday. The firm has a market cap of $37.35 billion, a P/E ratio of 21.80 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 business’s fifty day moving average is $194.28 and its 200-day moving average is $196.03.

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.