Sigma Planning Corp Has $21.80 Million Position in iShares S&P 500 Value ETF $IVE

Sigma Planning Corp lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,026 shares of the company’s stock after selling 11,893 shares during the period. Sigma Planning Corp’s holdings in iShares S&P 500 Value ETF were worth $21,804,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Flputnam Investment Management Co. raised its holdings in shares of iShares S&P 500 Value ETF by 10.7% in the 2nd quarter. Flputnam Investment Management Co. now owns 2,578 shares of the company’s stock valued at $555,000 after purchasing an additional 250 shares during the period. Hsbc Holdings PLC raised its stake in iShares S&P 500 Value ETF by 50.0% in the second quarter. Hsbc Holdings PLC now owns 3,000 shares of the company’s stock valued at $681,000 after buying an additional 1,000 shares during the period. Blue Edge Capital LLC bought a new stake in iShares S&P 500 Value ETF in the second quarter valued at approximately $17,424,000. First Bancorp Inc ME acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $45,000. Finally, Capital Square LLC bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $2,916,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $237.29 on Monday. The stock’s fifty day simple moving average is $232.54 and its 200 day simple moving average is $224.59. iShares S&P 500 Value ETF has a 1-year low of $201.22 and a 1-year high of $239.93. The stock has a market cap of $50.15 billion, a PE ratio of 20.70 and a beta of 0.82.

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. 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.