Mayflower Financial Advisors LLC Acquires 2,477 Shares of iShares S&P 500 Value ETF $IVE

Mayflower Financial Advisors LLC raised its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,750 shares of the company’s stock after buying an additional 2,477 shares during the quarter. iShares S&P 500 Value ETF comprises about 1.0% of Mayflower Financial Advisors LLC’s holdings, making the stock its 16th largest position. Mayflower Financial Advisors LLC’s holdings in iShares S&P 500 Value ETF were worth $9,861,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Signal Advisors Wealth LLC increased its position in shares of iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after purchasing an additional 51 shares during the last quarter. Harbor Investment Advisory LLC grew its stake in iShares S&P 500 Value ETF by 0.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after buying an additional 59 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after buying an additional 59 shares during the last quarter. Seneca House Advisors raised its position in shares of iShares S&P 500 Value ETF by 0.4% during the 2nd quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock valued at $2,979,000 after buying an additional 62 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its position in shares of iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock valued at $1,626,000 after buying an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA:IVE opened at $214.19 on Friday. The firm has a market capitalization of $43.68 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $214.90. The firm has a fifty day moving average of $210.30 and a 200 day moving average of $203.80.

iShares S&P 500 Value ETF Company 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. 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.