BridgePort Financial Solutions LLC Purchases 3,824 Shares of iShares S&P 500 Value ETF $IVE

BridgePort Financial Solutions LLC boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 26.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,032 shares of the company’s stock after purchasing an additional 3,824 shares during the period. iShares S&P 500 Value ETF accounts for approximately 1.0% of BridgePort Financial Solutions LLC’s portfolio, making the stock its 25th biggest 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.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. FLP Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 628.5% in the third quarter. FLP Wealth Management LLC now owns 16,727 shares of the company’s stock valued at $3,454,000 after buying an additional 14,431 shares during the period. Great Point Wealth Advisors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the third quarter worth $2,478,000. Detalus Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF by 3.6% during the third quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock worth $17,354,000 after acquiring an additional 2,909 shares during the period. Curbstone Financial Management Corp bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at $564,000. Finally, BIP Wealth LLC lifted its position in iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after acquiring an additional 3,898 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

Shares of NYSEARCA IVE opened at $211.86 on Friday. The company has a fifty day moving average price of $216.53 and a 200 day moving average price of $212.32. The firm has a market cap of $47.86 billion, a PE ratio of 20.70 and a beta of 0.89. 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.