Sigma Planning Corp Sells 570 Shares of iShares S&P 500 Value ETF $IVE

Sigma Planning Corp decreased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 115,679 shares of the company’s stock after selling 570 shares during the period. iShares S&P 500 Value ETF makes up about 0.7% of Sigma Planning Corp’s portfolio, making the stock its 18th biggest holding. Sigma Planning Corp’s holdings in iShares S&P 500 Value ETF were worth $22,606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IVE. Mission Wealth Management LP lifted its stake in iShares S&P 500 Value ETF by 0.6% during the second quarter. Mission Wealth Management LP now owns 10,479 shares of the company’s stock worth $2,048,000 after purchasing an additional 63 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of iShares S&P 500 Value ETF by 9.8% during the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 102,140 shares of the company’s stock worth $19,960,000 after buying an additional 9,102 shares in the last quarter. Elm Partners Management LLC lifted its position in shares of iShares S&P 500 Value ETF by 8.3% during the 2nd quarter. Elm Partners Management LLC now owns 5,378 shares of the company’s stock worth $1,051,000 after buying an additional 412 shares during the last quarter. Lifeworks Advisors LLC boosted its stake in iShares S&P 500 Value ETF by 16.9% in the second quarter. Lifeworks Advisors LLC now owns 4,057 shares of the company’s stock valued at $793,000 after buying an additional 587 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in iShares S&P 500 Value ETF by 4.2% in the second quarter. Creative Financial Designs Inc. ADV now owns 6,511 shares of the company’s stock valued at $1,272,000 after buying an additional 262 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

Shares of NYSEARCA IVE opened at $208.79 on Monday. The company has a market cap of $42.58 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $211.83. The stock has a 50-day moving average price of $205.61 and a two-hundred day moving average price of $197.09.

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.