Acropolis Investment Management LLC Trims Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Acropolis Investment Management LLC decreased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 51,582 shares of the company’s stock after selling 1,181 shares during the period. iShares S&P 500 Value ETF accounts for about 0.6% of Acropolis Investment Management LLC’s investment portfolio, 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 33.3% in the third quarter. NBC Securities Inc. now owns 2,148 shares of the company’s stock valued at $423,000 after acquiring an additional 536 shares in the last quarter. Ausdal Financial Partners Inc. increased its position in iShares S&P 500 Value ETF by 81.0% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 46,203 shares of the company’s stock valued at $9,110,000 after purchasing an additional 20,674 shares during the period. Concourse Financial Group Securities Inc. raised its holdings in shares of iShares S&P 500 Value ETF by 7.0% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 53,260 shares of the company’s stock valued at $10,501,000 after purchasing an additional 3,500 shares in the last quarter. Cornell Pochily Investment Advisors Inc. lifted its position in shares of iShares S&P 500 Value ETF by 31.3% in the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 3,060 shares of the company’s stock worth $603,000 after purchasing an additional 730 shares during the period. Finally, High Falls Advisors Inc boosted its stake in shares of iShares S&P 500 Value ETF by 3.1% during the second quarter. High Falls Advisors Inc now owns 74,353 shares of the company’s stock valued at $13,533,000 after purchasing an additional 2,223 shares in the last quarter.

iShares S&P 500 Value ETF Stock Up 0.5 %

Shares of IVE stock opened at $190.30 on Wednesday. The firm has a market cap of $34.09 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 52-week low of $170.13 and a 52-week high of $206.63. The company’s 50 day moving average is $197.41 and its 200 day moving average is $193.90.

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.