Sigma Planning Corp lowered its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 146,154 shares of the company’s stock after selling 12,727 shares during the quarter. iShares S&P 500 Value ETF accounts for about 0.6% of Sigma Planning Corp’s holdings, making the stock its 19th biggest position. Sigma Planning Corp’s holdings in iShares S&P 500 Value ETF were worth $18,711,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First Trust Advisors LP boosted its position in iShares S&P 500 Value ETF by 53.0% in the first quarter. First Trust Advisors LP now owns 34,795 shares of the company’s stock worth $3,923,000 after purchasing an additional 12,051 shares during the last quarter. MAI Capital Management raised its stake in shares of iShares S&P 500 Value ETF by 2.4% during the 3rd quarter. MAI Capital Management now owns 308,953 shares of the company’s stock valued at $34,742,000 after purchasing an additional 7,269 shares during the period. Confluence Wealth Management LLC increased its position in shares of iShares S&P 500 Value ETF by 8.7% during the 3rd quarter. Confluence Wealth Management LLC now owns 5,945 shares of the company’s stock valued at $708,000 after purchasing an additional 475 shares during the last quarter. Clear Harbor Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $64,000. Finally, Hardy Reed LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $626,000.

IVE stock traded down $0.16 during trading on Tuesday, hitting $135.06. 77,506 shares of the company traded hands, compared to its average volume of 720,994. iShares S&P 500 Value ETF has a 1 year low of $81.70 and a 1 year high of $135.68. The company has a 50-day moving average of $131.08 and a 200-day moving average of $121.89.

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.

Further Reading: QQQ ETF

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

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