Financial Enhancement Group LLC Buys 46,335 Shares of iShares S&P 500 Value ETF $IVE

Financial Enhancement Group LLC lifted its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 146.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,069 shares of the company’s stock after buying an additional 46,335 shares during the quarter. iShares S&P 500 Value ETF makes up about 2.1% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 13th largest position. Financial Enhancement Group LLC’s holdings in iShares S&P 500 Value ETF were worth $17,245,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Flagship Private Wealth LLC grew its stake in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after acquiring an additional 48 shares in the last quarter. Patten & Patten Inc. TN lifted its stake in iShares S&P 500 Value ETF by 4.8% in the 4th quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock worth $222,000 after purchasing an additional 48 shares in the last quarter. Bernardo Wealth Planning LLC lifted its stake in iShares S&P 500 Value ETF by 0.5% in the 4th quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock worth $2,014,000 after purchasing an additional 49 shares in the last quarter. Stegner Investment Associates Inc. lifted its stake in iShares S&P 500 Value ETF by 0.3% in the 4th quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock worth $3,457,000 after purchasing an additional 49 shares in the last quarter. Finally, Rossby Financial LCC boosted its holdings in shares of iShares S&P 500 Value ETF by 6.6% during the 4th quarter. Rossby Financial LCC now owns 807 shares of the company’s stock valued at $171,000 after purchasing an additional 50 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.0%

Shares of iShares S&P 500 Value ETF stock opened at $226.29 on Thursday. The firm has a market cap of $49.96 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The business has a 50-day moving average price of $224.74 and a 200-day moving average price of $218.76. iShares S&P 500 Value ETF has a twelve month low of $192.17 and a twelve month high of $230.05.

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.