Commonwealth Retirement Investments LLC Raises Stock Position in iShares S&P 500 Value ETF $IVE

Commonwealth Retirement Investments LLC boosted its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 40.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,521 shares of the company’s stock after acquiring an additional 5,907 shares during the period. iShares S&P 500 Value ETF accounts for about 1.4% of Commonwealth Retirement Investments LLC’s holdings, 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 at the end of the most recent reporting period.

Several other hedge funds also recently 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% during the fourth quarter. Cassaday & Co Wealth Management LLC now owns 1,153,776 shares of the company’s stock valued at $244,681,000 after acquiring an additional 1,119,709 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares S&P 500 Value ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after acquiring an additional 821,872 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares S&P 500 Value ETF by 47.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,540,243 shares of the company’s stock valued at $538,709,000 after acquiring an additional 816,767 shares in the last quarter. Park Avenue Securities LLC grew its stake in iShares S&P 500 Value ETF by 40.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,467,550 shares of the company’s stock valued at $523,293,000 after acquiring an additional 710,518 shares in the last quarter. Finally, CWM LLC grew its stake in iShares S&P 500 Value ETF by 37.5% during the fourth quarter. CWM LLC now owns 2,579,248 shares of the company’s stock valued at $546,981,000 after acquiring an additional 702,987 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.2%

Shares of NYSEARCA:IVE opened at $226.05 on Tuesday. The company has a 50 day moving average of $221.33 and a 200 day moving average of $217.28. The stock has a market cap of $49.91 billion, a P/E ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 12 month low of $189.66 and a 12 month high of $229.53.

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.