WealthPlan Investment Management LLC Lowers Stock Position in iShares S&P 500 Value ETF $IVE

WealthPlan Investment Management LLC reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 95,197 shares of the company’s stock after selling 13,004 shares during the quarter. iShares S&P 500 Value ETF accounts for 1.3% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 15th largest position. WealthPlan Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $19,659,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Dumont & Blake Investment Advisors LLC lifted its stake in iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after purchasing an additional 49 shares in the last quarter. Signal Advisors Wealth LLC raised its holdings in shares of iShares S&P 500 Value ETF by 0.6% in the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after buying an additional 51 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after acquiring an additional 59 shares in the last quarter. CPC Advisors LLC boosted its holdings in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after acquiring an additional 59 shares during the period. Finally, Seneca House Advisors boosted its holdings in iShares S&P 500 Value ETF by 0.4% during the 2nd quarter. Seneca House Advisors now owns 15,246 shares of the company’s stock valued at $2,979,000 after acquiring an additional 62 shares during the period.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $216.77 on Wednesday. The firm has a market capitalization of $49.14 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $217.69. The firm’s 50-day moving average is $211.66 and its two-hundred day moving average is $205.83.

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. 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.