iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Purchased by Sterling Financial Planning Inc.

Sterling Financial Planning Inc. increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,907 shares of the company’s stock after purchasing an additional 709 shares during the period. iShares S&P 500 Value ETF accounts for 1.9% of Sterling Financial Planning Inc.’s investment portfolio, making the stock its 14th largest holding. Sterling Financial Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,331,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IVE. Sage Financial Group Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $217,000. Financial Enhancement Group LLC increased its holdings in iShares S&P 500 Value ETF by 35.5% during the 4th quarter. Financial Enhancement Group LLC now owns 50,751 shares of the company’s stock valued at $8,683,000 after acquiring an additional 13,298 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 19.8% during the third quarter. Cullen Frost Bankers Inc. now owns 97,534 shares of the company’s stock worth $15,005,000 after buying an additional 16,129 shares in the last quarter. Smith Anglin Financial LLC grew its holdings in shares of iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Smith Anglin Financial LLC now owns 376,324 shares of the company’s stock worth $65,439,000 after buying an additional 17,236 shares in the last quarter. Finally, Edmonds Duncan Registered Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 28.6% during the fourth quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 22,880 shares of the company’s stock worth $3,979,000 after buying an additional 5,095 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.2 %

Shares of IVE traded up $0.33 during mid-day trading on Thursday, hitting $176.91. The company had a trading volume of 427,065 shares, compared to its average volume of 995,387. The stock has a market cap of $31.75 billion, a PE ratio of 23.70 and a beta of 0.87. iShares S&P 500 Value ETF has a 1-year low of $147.23 and a 1-year high of $187.24. The business’s 50-day simple moving average is $180.87 and its 200-day simple moving average is $170.47.

About iShares S&P 500 Value ETF

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.