iShares S&P 500 Value ETF $IVE is FLP Wealth Management LLC’s 9th Largest Position

FLP Wealth Management LLC grew its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 628.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,727 shares of the company’s stock after buying an additional 14,431 shares during the period. iShares S&P 500 Value ETF accounts for approximately 3.4% of FLP Wealth Management LLC’s holdings, making the stock its 9th biggest position. FLP Wealth Management LLC’s holdings in iShares S&P 500 Value ETF were worth $3,454,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IVE. United Services Automobile Association purchased a new stake in iShares S&P 500 Value ETF in the second quarter worth about $26,000. Harbor Asset Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF during the second quarter valued at approximately $30,000. Flaharty Asset Management LLC bought a new stake in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $33,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $36,000. Finally, Atwood & Palmer Inc. purchased a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth approximately $38,000.

iShares S&P 500 Value ETF Trading Up 0.4%

Shares of NYSEARCA:IVE opened at $214.23 on Thursday. The stock has a fifty day simple moving average of $209.95 and a two-hundred day simple moving average of $203.49. The stock has a market capitalization of $43.69 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $214.90.

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.