iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Avantax Planning Partners Inc.

Avantax Planning Partners Inc. decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% during the 4th quarter, Holdings Channel reports. The fund owned 7,877 shares of the company’s stock after selling 126 shares during the quarter. Avantax Planning Partners Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,504,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. LexAurum Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 47.2% in the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after acquiring an additional 1,233 shares in the last quarter. Financial Synergies Wealth Advisors Inc. raised its holdings in iShares S&P 500 Value ETF by 0.6% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 28,709 shares of the company’s stock valued at $5,480,000 after acquiring an additional 160 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in iShares S&P 500 Value ETF by 10.9% in the fourth quarter. DAVENPORT & Co LLC now owns 3,783 shares of the company’s stock valued at $722,000 after acquiring an additional 372 shares in the last quarter. Equitable Trust Co. acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $5,806,000. Finally, Empowered Funds LLC acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $133,000.

iShares S&P 500 Value ETF Trading Down 1.4 %

IVE stock opened at $188.32 on Wednesday. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63. The company’s 50 day moving average is $194.48 and its two-hundred day moving average is $196.36. The stock has a market cap of $36.58 billion, a P/E ratio of 22.06 and a beta of 0.94.

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.