Sigma Planning Corp Boosts Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Sigma Planning Corp increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 1.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,822 shares of the company’s stock after acquiring an additional 1,928 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 0.7% of Sigma Planning Corp’s holdings, making the stock its 18th biggest position. Sigma Planning Corp owned about 0.06% of iShares S&P 500 Value ETF worth $22,245,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC purchased a new stake in shares of iShares S&P 500 Value ETF in the third quarter worth $31,000. Valued Wealth Advisors LLC bought a new stake in iShares S&P 500 Value ETF during the third quarter valued at about $35,000. Addison Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 50.0% in the second quarter. Addison Advisors LLC now owns 279 shares of the company’s stock valued at $51,000 after acquiring an additional 93 shares in the last quarter. TruNorth Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF in the second quarter worth about $65,000. Finally, Avondale Wealth Management grew its position in shares of iShares S&P 500 Value ETF by 24.8% during the second quarter. Avondale Wealth Management now owns 362 shares of the company’s stock worth $66,000 after purchasing an additional 72 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.6 %

Shares of IVE opened at $201.82 on Friday. The business’s 50 day moving average is $196.49 and its 200 day moving average is $188.96. iShares S&P 500 Value ETF has a 12-month low of $155.79 and a 12-month high of $202.44. The company has a market capitalization of $36.16 billion, a PE 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.