Florin Court Capital LLP Has $6.90 Million Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Florin Court Capital LLP reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 46.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,900 shares of the company’s stock after selling 33,100 shares during the period. iShares S&P 500 Value ETF comprises 9.5% of Florin Court Capital LLP’s investment portfolio, making the stock its 2nd largest holding. Florin Court Capital LLP’s holdings in iShares S&P 500 Value ETF were worth $6,898,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IVE. MA Private Wealth acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter worth approximately $2,042,000. Mayflower Financial Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 8.9% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 26,725 shares of the company’s stock worth $4,864,000 after purchasing an additional 2,194 shares during the period. FFG Retirement Advisors LLC boosted its stake in shares of iShares S&P 500 Value ETF by 6.4% in the 2nd quarter. FFG Retirement Advisors LLC now owns 13,408 shares of the company’s stock valued at $2,440,000 after purchasing an additional 804 shares during the last quarter. Larson Financial Group LLC increased its position in shares of iShares S&P 500 Value ETF by 9.4% during the second quarter. Larson Financial Group LLC now owns 2,395 shares of the company’s stock worth $436,000 after buying an additional 205 shares during the period. Finally, Foundations Investment Advisors LLC raised its stake in iShares S&P 500 Value ETF by 14.0% during the second quarter. Foundations Investment Advisors LLC now owns 408,708 shares of the company’s stock worth $74,389,000 after buying an additional 50,144 shares during the last quarter.

iShares S&P 500 Value ETF Stock Down 0.8 %

IVE stock opened at $192.92 on Friday. The firm has a market cap of $34.56 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company’s fifty day simple moving average is $188.04 and its 200 day simple moving average is $184.10. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $196.36.

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.