Sterling Financial Planning Inc. Lowers Position in iShares S&P 500 Value ETF $IVE

Sterling Financial Planning Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,272 shares of the company’s stock after selling 112 shares during the quarter. iShares S&P 500 Value ETF makes up about 1.5% of Sterling Financial Planning Inc.’s investment portfolio, making the stock its 19th largest position. Sterling Financial Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,548,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Realta Investment Advisors raised its holdings in iShares S&P 500 Value ETF by 4.4% in the first quarter. Realta Investment Advisors now owns 1,380 shares of the company’s stock worth $263,000 after purchasing an additional 58 shares in the last quarter. Graney & King LLC raised its holdings in iShares S&P 500 Value ETF by 22.5% in the first quarter. Graney & King LLC now owns 316 shares of the company’s stock worth $60,000 after purchasing an additional 58 shares in the last quarter. Harbor Investment Advisory LLC raised its holdings in iShares S&P 500 Value ETF by 0.3% in the second quarter. Harbor Investment Advisory LLC now owns 20,113 shares of the company’s stock worth $3,930,000 after purchasing an additional 59 shares in the last quarter. Country Club Bank raised its holdings in iShares S&P 500 Value ETF by 1.1% in the first quarter. Country Club Bank now owns 5,723 shares of the company’s stock worth $1,080,000 after purchasing an additional 60 shares in the last quarter. Finally, Confluence Wealth Services Inc. raised its holdings in iShares S&P 500 Value ETF by 2.5% in the first quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock worth $459,000 after purchasing an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of iShares S&P 500 Value ETF stock opened at $205.64 on Wednesday. The company has a market capitalization of $41.56 billion, a PE ratio of 20.70 and a beta of 0.94. The company has a 50-day simple moving average of $203.56 and a two-hundred day simple moving average of $194.20. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $209.12.

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.