RCS Financial Planning LLC Lowers Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

RCS Financial Planning LLC lessened its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,612 shares of the company’s stock after selling 214 shares during the period. iShares S&P 500 Value ETF comprises 0.8% of RCS Financial Planning LLC’s portfolio, making the stock its 29th largest holding. RCS Financial Planning LLC’s holdings in iShares S&P 500 Value ETF were worth $1,453,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IVE. LexAurum Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 47.2% during the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock worth $734,000 after purchasing an additional 1,233 shares during the last quarter. NBC Securities Inc. boosted its stake in iShares S&P 500 Value ETF by 33.3% in the 3rd quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock worth $423,000 after buying an additional 536 shares during the last quarter. Ausdal Financial Partners Inc. grew its holdings in iShares S&P 500 Value ETF by 81.0% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after buying an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. increased its stake in shares of iShares S&P 500 Value ETF by 7.0% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after acquiring an additional 3,500 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 31.3% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after acquiring an additional 730 shares during the period.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $197.53 on Wednesday. iShares S&P 500 Value ETF has a 1 year low of $173.01 and a 1 year high of $206.63. The firm has a 50 day moving average price of $196.34 and a 200 day moving average price of $194.72. The company has a market cap of $35.39 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.