iShares S&P 500 Value ETF (NYSEARCA:IVE) Shares Sold by Acropolis Investment Management LLC

Acropolis Investment Management LLC lowered its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,582 shares of the company’s stock after selling 1,181 shares during the quarter. iShares S&P 500 Value ETF accounts for 0.6% of Acropolis Investment Management LLC’s holdings, making the stock its 24th biggest position. Acropolis Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $9,846,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. grew its holdings in iShares S&P 500 Value ETF by 100.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after acquiring an additional 76 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares S&P 500 Value ETF in the 3rd quarter worth approximately $31,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $35,000. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth approximately $36,000. Finally, Hobbs Group Advisors LLC purchased a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter valued at approximately $40,000.

iShares S&P 500 Value ETF Stock Performance

IVE stock opened at $190.30 on Wednesday. iShares S&P 500 Value ETF has a one year low of $170.13 and a one year high of $206.63. The firm’s fifty day moving average is $197.41 and its 200 day moving average is $193.90. The firm has a market cap of $34.09 billion, a PE ratio of 23.79 and a beta of 0.81.

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.