Commonwealth Equity Services LLC Has $162.40 Million Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Equity Services LLC lowered its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 933,906 shares of the company’s stock after selling 66,038 shares during the period. Commonwealth Equity Services LLC owned about 0.59% of iShares S&P 500 Value ETF worth $162,397,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC raised its position in iShares S&P 500 Value ETF by 700.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock worth $25,000 after purchasing an additional 140 shares in the last quarter. Peoples Bank KS bought a new position in iShares S&P 500 Value ETF in the third quarter valued at approximately $25,000. First Pacific Financial bought a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $30,000. Wetzel Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000. Finally, Sound Income Strategies LLC bought a new position in shares of iShares S&P 500 Value ETF during the fourth quarter worth $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA IVE traded up $0.64 during midday trading on Thursday, reaching $179.00. 587,001 shares of the stock were exchanged, compared to its average volume of 946,203. iShares S&P 500 Value ETF has a 12 month low of $147.23 and a 12 month high of $187.24. The business has a 50-day simple moving average of $181.50 and a two-hundred day simple moving average of $172.31. The company has a market capitalization of $32.07 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.