Commonwealth Retirement Investments LLC grew its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 40.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,521 shares of the company’s stock after buying an additional 5,907 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 1.4% of Commonwealth Retirement Investments LLC’s portfolio, making the stock its 19th biggest position. Commonwealth Retirement Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $4,352,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of IVE. Cassaday & Co Wealth Management LLC grew its stake in iShares S&P 500 Value ETF by 3,286.8% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock worth $244,681,000 after buying an additional 1,119,709 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after acquiring an additional 821,872 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares S&P 500 Value ETF by 47.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock worth $538,709,000 after acquiring an additional 816,767 shares during the last quarter. Park Avenue Securities LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock worth $523,293,000 after acquiring an additional 710,518 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of iShares S&P 500 Value ETF by 37.5% in the 4th quarter. CWM LLC now owns 2,579,248 shares of the company’s stock worth $546,981,000 after acquiring an additional 702,987 shares during the last quarter.
iShares S&P 500 Value ETF Stock Performance
Shares of IVE opened at $226.05 on Tuesday. The firm has a market cap of $49.91 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a fifty-two week low of $189.66 and a fifty-two week high of $229.53. The firm has a 50 day moving average price of $221.33 and a 200-day moving average price of $217.28.
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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.
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