iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Sterling Financial Planning Inc.

Sterling Financial Planning Inc. lessened its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 23,399 shares of the company’s stock after selling 613 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.6% of Sterling Financial Planning Inc.’s holdings, making the stock its 17th biggest holding. Sterling Financial Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $4,466,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of IVE. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after buying an additional 76 shares in the last quarter. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $29,000. Northwest Investment Counselors LLC bought a new position in iShares S&P 500 Value ETF during the third quarter worth $31,000. Valued Wealth Advisors LLC acquired a new position in iShares S&P 500 Value ETF in the third quarter worth $35,000. Finally, Perkins Coie Trust Co bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $35,000.

iShares S&P 500 Value ETF Stock Performance

iShares S&P 500 Value ETF stock opened at $198.58 on Thursday. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The firm’s 50-day moving average is $194.18 and its 200-day moving average is $195.63. The company has a market cap of $36.22 billion, a P/E ratio of 22.47 and a beta of 0.95.

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.