Commonwealth Equity Services LLC Grows Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Equity Services LLC increased its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 8.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 999,059 shares of the company’s stock after buying an additional 73,706 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares S&P 500 Value ETF were worth $190,700,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. Kentucky Trust Co acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of iShares S&P 500 Value ETF by 100.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock valued at $29,000 after purchasing an additional 76 shares during the period. Providence First Trust Co acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $31,000. Centricity Wealth Management LLC acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $34,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the fourth quarter worth approximately $35,000.

iShares S&P 500 Value ETF Trading Down 0.5 %

IVE stock opened at $187.35 on Thursday. The company’s 50 day moving average is $194.41 and its two-hundred day moving average is $196.29. The stock has a market cap of $36.39 billion, a P/E ratio of 22.06 and a beta of 0.94. iShares S&P 500 Value ETF has a twelve month low of $176.09 and a twelve month high of $206.63.

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.