iShares S&P 500 Value ETF $IVE Stock Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 21.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 764,668 shares of the company’s stock after selling 211,953 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares S&P 500 Value ETF were worth $174,558,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of IVE. Ascent Group LLC raised its position in iShares S&P 500 Value ETF by 1.5% in the 3rd quarter. Ascent Group LLC now owns 347,602 shares of the company’s stock worth $79,351,000 after buying an additional 5,157 shares during the last quarter. Team Financial Group LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 13.5% during the 3rd quarter. Team Financial Group LLC now owns 1,152 shares of the company’s stock valued at $263,000 after acquiring an additional 137 shares during the last quarter. Integras Partners LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 6.1% during the 3rd quarter. Integras Partners LLC now owns 4,535 shares of the company’s stock valued at $1,035,000 after acquiring an additional 260 shares during the last quarter. Associated Banc Corp purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at about $17,046,000. Finally, Integrity Alliance LLC. grew its stake in shares of iShares S&P 500 Value ETF by 2.9% in the third quarter. Integrity Alliance LLC. now owns 130,785 shares of the company’s stock worth $29,856,000 after acquiring an additional 3,629 shares during the period.

iShares S&P 500 Value ETF Stock Down 2.8%

Shares of IVE stock opened at $236.48 on Friday. The company has a 50 day moving average price of $234.89 and a 200-day moving average price of $226.57. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $244.72. The firm has a market capitalization of $50.09 billion, a PE ratio of 22.47 and a beta of 0.82.

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. 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.