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

Acropolis Investment Management LLC lessened its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 52,763 shares of the company’s stock after selling 1,087 shares during the period. iShares S&P 500 Value ETF makes up approximately 0.6% of Acropolis Investment Management LLC’s holdings, making the stock its 23rd largest holding. Acropolis Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $10,403,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of IVE. EverSource Wealth Advisors LLC raised its holdings in iShares S&P 500 Value ETF by 663.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,328 shares of the company’s stock valued at $416,000 after buying an additional 2,023 shares during the period. Cape Investment Advisory Inc. increased its stake in iShares S&P 500 Value ETF by 291.2% in the first quarter. Cape Investment Advisory Inc. now owns 622 shares of the company’s stock worth $116,000 after purchasing an additional 463 shares during the period. GAMMA Investing LLC increased its stake in iShares S&P 500 Value ETF by 112.5% in the second quarter. GAMMA Investing LLC now owns 2,508 shares of the company’s stock worth $456,000 after purchasing an additional 1,328 shares during the period. BancFirst Trust & Investment Management purchased a new stake in iShares S&P 500 Value ETF in the second quarter worth $302,000. Finally, Dentgroup LLC increased its stake in iShares S&P 500 Value ETF by 418.7% in the second quarter. Dentgroup LLC now owns 23,195 shares of the company’s stock worth $4,222,000 after purchasing an additional 18,723 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.3 %

IVE stock opened at $206.17 on Friday. The business’s fifty day simple moving average is $198.97 and its two-hundred day simple moving average is $191.19. iShares S&P 500 Value ETF has a twelve month low of $164.34 and a twelve month high of $206.63. The firm has a market cap of $36.94 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81.

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.