RCS Financial Planning LLC Raises Position in iShares S&P 500 Value ETF $IVE

RCS Financial Planning LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 50.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,695 shares of the company’s stock after buying an additional 8,230 shares during the period. iShares S&P 500 Value ETF comprises about 2.3% of RCS Financial Planning LLC’s holdings, making the stock its 13th largest position. RCS Financial Planning LLC’s holdings in iShares S&P 500 Value ETF were worth $5,237,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the stock. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000. Palisade Asset Management LLC bought a new position in iShares S&P 500 Value ETF during the third quarter valued at about $29,000. Ransom Advisory Ltd purchased a new position in iShares S&P 500 Value ETF in the fourth quarter valued at about $31,000. Center for Financial Planning Inc. purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $32,000. Finally, Tripletail Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $37,000.

iShares S&P 500 Value ETF Trading Up 1.7%

IVE opened at $211.15 on Wednesday. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $223.05. The company has a 50 day moving average of $216.74 and a 200 day moving average of $212.33. The company has a market cap of $47.70 billion, a PE ratio of 20.70 and a beta of 0.89.

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.