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

Commonwealth Retirement Investments LLC increased its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,805 shares of the company’s stock after purchasing 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 reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVE. Palisade Asset Management LLC purchased a new position in shares of iShares S&P 500 Value ETF in the 1st quarter valued at about $26,000. Vima LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $27,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares S&P 500 Value ETF by 289.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 148 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in iShares S&P 500 Value ETF during the 1st quarter worth approximately $29,000. Finally, Fortis Group Advisors LLC increased its position in shares of iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 200 shares of the company’s stock valued at $35,000 after purchasing an additional 100 shares during the last quarter.

iShares S&P 500 Value ETF Trading Down 0.9 %

Shares of iShares S&P 500 Value ETF stock opened at $191.23 on Friday. The company has a fifty day simple moving average of $188.23 and a 200-day simple moving average of $184.20. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $196.36. The stock has a market cap of $34.26 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.