Commonwealth Financial Services LLC Purchases 1,019 Shares of iShares S&P 500 Value ETF $IVE

Commonwealth Financial Services LLC grew its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,606 shares of the company’s stock after acquiring an additional 1,019 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $1,877,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IVE. Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $29,000. Nemes Rush Group LLC lifted its position in shares of iShares S&P 500 Value ETF by 625.0% during the first quarter. Nemes Rush Group LLC now owns 174 shares of the company’s stock worth $33,000 after acquiring an additional 150 shares in the last quarter. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $33,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the first quarter worth $34,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $202.52 on Friday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $209.12. The company has a market cap of $40.93 billion, a P/E ratio of 20.70 and a beta of 0.94. The stock’s fifty day moving average price is $203.21 and its two-hundred day moving average price is $194.00.

iShares S&P 500 Value ETF 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.