Commonwealth Financial Services LLC Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Financial Services LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 4.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,452 shares of the company’s stock after buying an additional 304 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $1,231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. LexAurum Advisors LLC lifted its position in iShares S&P 500 Value ETF by 47.2% during the fourth quarter. LexAurum Advisors LLC now owns 3,846 shares of the company’s stock valued at $734,000 after buying an additional 1,233 shares during the period. NBC Securities Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 33.3% during the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 7.0% during the third quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after acquiring an additional 3,500 shares in the last quarter. Cornell Pochily Investment Advisors Inc. increased its holdings in shares of iShares S&P 500 Value ETF by 31.3% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock valued at $603,000 after acquiring an additional 730 shares in the last quarter. Finally, Harrell Investment Partners LLC bought a new position in shares of iShares S&P 500 Value ETF during the third quarter valued at $212,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $195.25 on Tuesday. iShares S&P 500 Value ETF has a 1-year low of $173.01 and a 1-year high of $206.63. The business has a fifty day moving average price of $196.00 and a 200-day moving average price of $194.97. The company has a market capitalization of $34.98 billion, a PE ratio of 23.79 and a beta of 0.81.

iShares S&P 500 Value ETF Company Profile

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.