Commonwealth Retirement Investments LLC Raises Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Retirement Investments LLC lifted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,805 shares of the company’s stock after acquiring an additional 422 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $1,421,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its stake in shares of iShares S&P 500 Value ETF by 0.6% in the fourth quarter. D.A. Davidson & CO. now owns 18,017 shares of the company’s stock valued at $3,133,000 after purchasing an additional 110 shares during the period. Sachetta LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at approximately $1,723,000. BKM Wealth Management LLC boosted its stake in shares of iShares S&P 500 Value ETF by 2.9% during the 1st quarter. BKM Wealth Management LLC now owns 63,882 shares of the company’s stock worth $11,934,000 after acquiring an additional 1,802 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter worth approximately $7,322,000. Finally, Sutton Place Investors LLC grew its holdings in shares of iShares S&P 500 Value ETF by 9.3% in the 2nd quarter. Sutton Place Investors LLC now owns 5,704 shares of the company’s stock worth $1,038,000 after acquiring an additional 483 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE stock opened at $191.23 on Friday. The stock has a fifty day moving average price of $188.23 and a 200 day moving average price of $184.20. The stock has a market cap of $34.26 billion, a PE ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 1 year low of $147.23 and a 1 year high of $196.36.

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.