Commonwealth Financial Services LLC Has $281,000 Stock Holdings in iShares S&P 500 Value ETF $IVE

Commonwealth Financial Services LLC decreased its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 90.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,332 shares of the company’s stock after selling 12,192 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares S&P 500 Value ETF were worth $281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IVE. Simplex Trading LLC acquired a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares S&P 500 Value ETF in the 4th quarter valued at $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at about $26,000. United Services Automobile Association acquired a new position in shares of iShares S&P 500 Value ETF in the second quarter valued at approximately $26,000. Finally, Palisade Asset Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the third quarter valued at approximately $29,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE opened at $229.73 on Tuesday. The company has a 50 day simple moving average of $227.68 and a 200 day simple moving average of $220.87. The firm has a market cap of $48.58 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 1 year low of $193.90 and a 1 year high of $233.57.

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. 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.