Avantax Planning Partners Inc. Lowers Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Avantax Planning Partners Inc. lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the period. Kentucky Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Providence First Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co purchased a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $35,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $188.32 on Wednesday. The firm has a 50 day simple moving average of $194.48 and a 200-day simple moving average of $196.36. iShares S&P 500 Value ETF has a one year low of $176.09 and a one year high of $206.63. The firm has a market cap of $36.58 billion, a price-to-earnings ratio of 22.06 and a beta of 0.94.

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.