Commonwealth Equity Services LLC Increases Stake in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Equity Services LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 999,059 shares of the company’s stock after acquiring an additional 73,706 shares during the period. Commonwealth Equity Services LLC owned approximately 0.56% of iShares S&P 500 Value ETF worth $190,700,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. IAG Wealth Partners LLC lifted its position in iShares S&P 500 Value ETF by 40.6% during the fourth quarter. IAG Wealth Partners LLC now owns 492 shares of the company’s stock valued at $94,000 after purchasing an additional 142 shares during the period. Balboa Wealth Partners grew its stake in iShares S&P 500 Value ETF by 718.4% during the fourth quarter. Balboa Wealth Partners now owns 9,600 shares of the company’s stock valued at $1,832,000 after acquiring an additional 8,427 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of iShares S&P 500 Value ETF by 2.4% in the 4th quarter. Avantax Advisory Services Inc. now owns 468,838 shares of the company’s stock worth $89,492,000 after buying an additional 11,018 shares in the last quarter. Essential Planning LLC. purchased a new position in shares of iShares S&P 500 Value ETF in the 4th quarter worth $3,637,000. Finally, Liberty Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 3.0% in the 4th quarter. Liberty Wealth Management LLC now owns 59,361 shares of the company’s stock worth $11,326,000 after buying an additional 1,701 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.5 %

IVE stock opened at $187.35 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $176.09 and a 12 month high of $206.63. The company has a 50-day moving average price of $194.41 and a 200 day moving average price of $196.29. The stock has a market cap of $36.39 billion, a PE ratio of 22.06 and a beta of 0.94.

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.