Mayflower Financial Advisors LLC Has $5.57 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Mayflower Financial Advisors LLC raised its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 28,237 shares of the company’s stock after acquiring an additional 1,512 shares during the period. iShares S&P 500 Value ETF makes up about 0.8% of Mayflower Financial Advisors LLC’s holdings, making the stock its 28th largest position. Mayflower Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $5,567,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in iShares S&P 500 Value ETF during the 3rd quarter valued at $31,000. Valued Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Addison Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 50.0% during the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock worth $51,000 after acquiring an additional 93 shares in the last quarter. TruNorth Capital Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 2nd quarter worth about $65,000. Finally, Avondale Wealth Management lifted its position in iShares S&P 500 Value ETF by 24.8% in the 2nd quarter. Avondale Wealth Management now owns 362 shares of the company’s stock valued at $66,000 after acquiring an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $201.82 on Friday. The company has a market capitalization of $36.16 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $155.79 and a 52-week high of $202.44. The business has a 50-day simple moving average of $196.49 and a two-hundred day simple moving average of $188.96.

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.