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

Acropolis Investment Management LLC lessened its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Get Rating) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,996 shares of the company’s stock after selling 1,376 shares during the period. iShares S&P 500 Value ETF comprises approximately 0.8% of Acropolis Investment Management LLC’s investment portfolio, making the stock its 19th biggest position. Acropolis Investment Management LLC’s holdings in iShares S&P 500 Value ETF were worth $8,704,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Lido Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 128.8% in the first quarter. Lido Advisors LLC now owns 1,178,301 shares of the company’s stock valued at $183,485,000 after purchasing an additional 663,252 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares S&P 500 Value ETF by 3.3% in the second quarter. Wells Fargo & Company MN now owns 9,228,222 shares of the company’s stock valued at $1,268,512,000 after purchasing an additional 293,273 shares during the period. Cetera Advisors LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 160.5% in the second quarter. Cetera Advisors LLC now owns 349,061 shares of the company’s stock valued at $47,982,000 after purchasing an additional 215,083 shares during the period. US Bancorp DE boosted its holdings in shares of iShares S&P 500 Value ETF by 15.9% in the third quarter. US Bancorp DE now owns 1,207,597 shares of the company’s stock valued at $155,201,000 after purchasing an additional 165,942 shares during the period. Finally, Mariner LLC boosted its holdings in shares of iShares S&P 500 Value ETF by 17.1% in the first quarter. Mariner LLC now owns 1,112,167 shares of the company’s stock valued at $173,187,000 after purchasing an additional 162,771 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $145.35 on Friday. The firm has a market capitalization of $24.40 billion, a price-to-earnings ratio of 15.85 and a beta of 0.94. The stock has a 50 day moving average price of $152.28 and a 200 day moving average price of $145.58. iShares S&P 500 Value ETF has a 52-week low of $127.33 and a 52-week high of $160.30.

iShares S&P 500 Value ETF Profile

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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.