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

Florida Financial Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 4th quarter, Holdings Channel.com reports. The firm bought 3,274 shares of the company’s stock, valued at approximately $625,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after buying an additional 76 shares during the last quarter. Kentucky Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Providence First Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $34,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $35,000.

iShares S&P 500 Value ETF Stock Up 1.1 %

Shares of NYSEARCA IVE opened at $191.82 on Tuesday. iShares S&P 500 Value ETF has a 12-month low of $176.09 and a 12-month high of $206.63. The firm has a market cap of $37.35 billion, a PE ratio of 21.80 and a beta of 0.94. The company’s fifty day simple moving average is $194.28 and its 200 day simple 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.