Flagstar Advisors Inc. Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Flagstar Advisors Inc. lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,261 shares of the company’s stock after buying an additional 731 shares during the quarter. iShares S&P 500 Value ETF accounts for approximately 1.1% of Flagstar Advisors Inc.’s holdings, making the stock its 25th largest holding. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,440,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Kentucky Trust Co purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC purchased a new stake in iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Finally, Perkins Coie Trust Co purchased a new stake in iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Stock Up 0.6 %

IVE stock opened at $197.74 on Wednesday. iShares S&P 500 Value ETF has a 52-week low of $176.09 and a 52-week high of $206.63. The stock’s 50 day moving average is $194.23 and its two-hundred day moving average is $195.55. The company has a market capitalization of $36.07 billion, a PE ratio of 22.47 and a beta of 0.95.

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.