Whitcomb & Hess Inc. Decreases Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Whitcomb & Hess Inc. cut its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 9.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,962 shares of the company’s stock after selling 643 shares during the quarter. iShares S&P 500 Value ETF makes up 0.4% of Whitcomb & Hess Inc.’s investment portfolio, making the stock its 25th largest holding. Whitcomb & Hess Inc.’s holdings in iShares S&P 500 Value ETF were worth $1,114,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Brookstone Capital Management increased its holdings in iShares S&P 500 Value ETF by 89.3% in the 1st quarter. Brookstone Capital Management now owns 68,694 shares of the company’s stock worth $12,833,000 after acquiring an additional 32,413 shares during the last quarter. Ehrlich Financial Group increased its holdings in iShares S&P 500 Value ETF by 47.9% in the 1st quarter. Ehrlich Financial Group now owns 34,955 shares of the company’s stock worth $6,530,000 after acquiring an additional 11,320 shares during the last quarter. Financial Enhancement Group LLC increased its holdings in iShares S&P 500 Value ETF by 2.5% in the 1st quarter. Financial Enhancement Group LLC now owns 52,011 shares of the company’s stock worth $9,285,000 after acquiring an additional 1,260 shares during the last quarter. Lpwm LLC increased its holdings in iShares S&P 500 Value ETF by 1.8% in the 1st quarter. Lpwm LLC now owns 267,847 shares of the company’s stock worth $48,670,000 after acquiring an additional 4,659 shares during the last quarter. Finally, Flagstar Advisors Inc. increased its holdings in iShares S&P 500 Value ETF by 13.4% in the 1st quarter. Flagstar Advisors Inc. now owns 21,920 shares of the company’s stock worth $4,095,000 after acquiring an additional 2,588 shares during the last quarter.

iShares S&P 500 Value ETF Price Performance

IVE stock traded down $1.49 during mid-day trading on Tuesday, reaching $182.64. 402,544 shares of the company traded hands, compared to its average volume of 810,801. The company has a market capitalization of $32.72 billion, a P/E ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $147.23 and a 52-week high of $187.24. The company has a fifty day moving average price of $182.20 and a 200-day moving average price of $179.11.

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.