Sigma Planning Corp Sells 11,343 Shares of iShares S&P 500 Value ETF $IVE

Sigma Planning Corp reduced its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 104,336 shares of the company’s stock after selling 11,343 shares during the period. iShares S&P 500 Value ETF accounts for 0.6% of Sigma Planning Corp’s portfolio, making the stock its 22nd biggest holding. Sigma Planning Corp owned 0.05% of iShares S&P 500 Value ETF worth $21,546,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Value ETF by 12.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,983,503 shares of the company’s stock valued at $4,100,596,000 after purchasing an additional 2,339,857 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Value ETF by 19,441.2% in the second quarter. Laurel Wealth Advisors LLC now owns 1,215,465 shares of the company’s stock worth $237,526,000 after purchasing an additional 1,209,245 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares S&P 500 Value ETF by 19.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,031,014 shares of the company’s stock valued at $591,818,000 after purchasing an additional 484,782 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Value ETF by 795.8% during the 2nd quarter. EP Wealth Advisors LLC now owns 373,966 shares of the company’s stock valued at $73,081,000 after buying an additional 332,218 shares in the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of iShares S&P 500 Value ETF by 19.9% during the 2nd quarter. MML Investors Services LLC now owns 1,396,052 shares of the company’s stock valued at $272,817,000 after buying an additional 231,828 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $221.19 on Friday. iShares S&P 500 Value ETF has a 52-week low of $165.45 and a 52-week high of $223.05. The firm has a market capitalization of $49.97 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a fifty day simple moving average of $216.60 and a two-hundred day simple moving average of $209.88.

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. 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.