Commonwealth Equity Services LLC Has $217.43 Million Position in iShares S&P 500 Value ETF $IVE

Commonwealth Equity Services LLC cut its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,112,628 shares of the company’s stock after selling 6,418 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares S&P 500 Value ETF were worth $217,430,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Flow Traders U.S. LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $7,724,000. Geneos Wealth Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.8% in the first quarter. Geneos Wealth Management Inc. now owns 45,091 shares of the company’s stock valued at $8,627,000 after acquiring an additional 2,477 shares in the last quarter. Verdence Capital Advisors LLC bought a new position in shares of iShares S&P 500 Value ETF in the first quarter valued at approximately $206,000. Telos Capital Management Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 5.9% in the first quarter. Telos Capital Management Inc. now owns 16,987 shares of the company’s stock valued at $3,237,000 after acquiring an additional 940 shares in the last quarter. Finally, LVZ Inc. grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the second quarter. LVZ Inc. now owns 449,606 shares of the company’s stock valued at $87,862,000 after acquiring an additional 8,641 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.3%

IVE stock opened at $208.40 on Thursday. The firm has a market cap of $42.50 billion, a PE ratio of 20.70 and a beta of 0.89. The business has a 50 day moving average of $205.93 and a 200-day moving average of $197.60. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $211.83.

iShares S&P 500 Value ETF Company 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.