Flagship Wealth Advisors LLC Reduces Position in iShares S&P 500 Value ETF $IVE

Flagship Wealth Advisors LLC trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,433 shares of the company’s stock after selling 3,047 shares during the period. Flagship Wealth Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $1,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $25,000. RMG Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at about $27,000. Hilton Head Capital Partners LLC acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $25,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter worth about $26,000. Finally, United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $26,000.

iShares S&P 500 Value ETF Stock Down 0.2%

iShares S&P 500 Value ETF stock opened at $231.71 on Friday. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $234.91. The company has a market capitalization of $48.97 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock has a 50-day moving average price of $228.83 and a 200 day moving average price of $221.90.

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.