iShares S&P 500 Value ETF $IVE Position Reduced by Compound Planning Inc.

Compound Planning Inc. trimmed its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 24.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,292 shares of the company’s stock after selling 2,723 shares during the period. Compound Planning Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Services Automobile Association acquired a new stake in shares of iShares S&P 500 Value ETF in the second quarter valued at $26,000. Center for Financial Planning Inc. bought a new stake in iShares S&P 500 Value ETF in the third quarter worth about $32,000. Tripletail Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $37,000. Rossmore Private Capital acquired a new stake in iShares S&P 500 Value ETF in the 3rd quarter valued at about $44,000. Finally, Cloud Capital Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $45,000.

iShares S&P 500 Value ETF Price Performance

Shares of IVE opened at $221.07 on Wednesday. The firm’s 50 day moving average is $216.92 and its 200-day moving average is $210.28. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $223.05. The stock has a market capitalization of $49.94 billion, a P/E ratio of 20.70 and a beta of 0.89.

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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.