iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by RCS Financial Planning LLC

RCS Financial Planning LLC trimmed its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,612 shares of the company’s stock after selling 214 shares during the period. iShares S&P 500 Value ETF comprises approximately 0.8% of RCS Financial Planning LLC’s investment portfolio, making the stock its 29th largest position. RCS Financial Planning LLC’s holdings in iShares S&P 500 Value ETF were worth $1,453,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Truist Financial Corp increased its position in shares of iShares S&P 500 Value ETF by 5.4% during the second quarter. Truist Financial Corp now owns 429,478 shares of the company’s stock worth $78,169,000 after acquiring an additional 22,167 shares during the last quarter. New Century Financial Group LLC purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $397,000. Kestra Investment Management LLC purchased a new stake in iShares S&P 500 Value ETF during the 2nd quarter worth approximately $17,223,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter valued at approximately $91,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter valued at approximately $82,555,000.

iShares S&P 500 Value ETF Trading Down 0.3 %

IVE stock opened at $197.53 on Wednesday. The company has a market capitalization of $35.39 billion, a P/E ratio of 23.79 and a beta of 0.81. The firm has a 50 day simple moving average of $196.34 and a 200-day simple moving average of $194.72. iShares S&P 500 Value ETF has a twelve month low of $173.01 and a twelve month high of $206.63.

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.