Total Wealth Planning LLC Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Total Wealth Planning LLC reduced its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,278 shares of the company’s stock after selling 457 shares during the period. Total Wealth Planning LLC’s holdings in iShares S&P 500 Value ETF were worth $2,026,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter worth approximately $26,000. CarsonAllaria Wealth Management Ltd. grew its stake in iShares S&P 500 Value ETF by 289.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the period. Vima LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $27,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 1st quarter worth $29,000. Finally, Fortis Group Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock worth $35,000 after buying an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 1.1 %

IVE traded up $2.15 during trading on Friday, hitting $198.44. 284,994 shares of the company traded hands, compared to its average volume of 692,839. The firm has a market cap of $35.55 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a one year low of $147.23 and a one year high of $198.63. The stock’s fifty day moving average is $193.02 and its 200 day moving average is $186.70.

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.