Commonwealth Retirement Investments LLC Increases Stock Holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Commonwealth Retirement Investments LLC lifted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 39.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,912 shares of the company’s stock after buying an additional 3,082 shares during the period. Commonwealth Retirement Investments LLC’s holdings in iShares S&P 500 Value ETF were worth $2,080,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IVE. Realta Investment Advisors lifted its holdings in iShares S&P 500 Value ETF by 4.4% during the first quarter. Realta Investment Advisors now owns 1,380 shares of the company’s stock worth $263,000 after acquiring an additional 58 shares during the period. Country Club Bank lifted its holdings in iShares S&P 500 Value ETF by 1.1% during the first quarter. Country Club Bank now owns 5,723 shares of the company’s stock worth $1,080,000 after acquiring an additional 60 shares during the period. Confluence Wealth Services Inc. lifted its holdings in iShares S&P 500 Value ETF by 2.5% during the first quarter. Confluence Wealth Services Inc. now owns 2,555 shares of the company’s stock worth $459,000 after acquiring an additional 62 shares during the period. Beacon Financial Group lifted its holdings in iShares S&P 500 Value ETF by 1.3% during the first quarter. Beacon Financial Group now owns 5,307 shares of the company’s stock worth $1,011,000 after acquiring an additional 66 shares during the period. Finally, Advisors Capital Management LLC lifted its holdings in iShares S&P 500 Value ETF by 1.5% during the fourth quarter. Advisors Capital Management LLC now owns 4,513 shares of the company’s stock worth $861,000 after acquiring an additional 68 shares during the period.

iShares S&P 500 Value ETF Trading Up 1.0%

Shares of iShares S&P 500 Value ETF stock opened at $196.42 on Tuesday. The business’s fifty day simple moving average is $194.57 and its 200 day simple moving average is $190.90. The firm has a market capitalization of $39.29 billion, a P/E ratio of 20.70 and a beta of 0.94. iShares S&P 500 Value ETF has a 12 month low of $165.45 and a 12 month high of $206.63.

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.