Prosperity Planning Inc. Sells 8,827 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Prosperity Planning Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 12.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,027 shares of the company’s stock after selling 8,827 shares during the quarter. iShares S&P 500 Value ETF accounts for about 3.9% of Prosperity Planning Inc.’s investment portfolio, making the stock its 6th largest holding. Prosperity Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $12,221,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IVE. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in iShares S&P 500 Value ETF in the third quarter valued at about $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter worth approximately $35,000. Perkins Coie Trust Co bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter valued at $35,000. Finally, Copley Financial Group Inc. bought a new position in iShares S&P 500 Value ETF during the third quarter valued at about $36,000.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $194.09 on Tuesday. The stock has a 50-day moving average of $196.93 and a 200-day moving average of $194.15. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63. The company has a market cap of $34.77 billion, a PE ratio of 23.79 and a beta of 0.81.

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.