Acas LLC Sells 215 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Acas LLC lowered its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,001 shares of the company’s stock after selling 215 shares during the period. iShares S&P 500 Value ETF comprises approximately 3.4% of Acas LLC’s holdings, making the stock its 8th largest position. Acas LLC’s holdings in iShares S&P 500 Value ETF were worth $4,519,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at approximately $311,273,000. USA Financial Formulas acquired a new stake in iShares S&P 500 Value ETF in the fourth quarter valued at $77,191,000. PNC Financial Services Group Inc. boosted its position in shares of iShares S&P 500 Value ETF by 7.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,975,642 shares of the company’s stock worth $389,537,000 after purchasing an additional 139,651 shares in the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of iShares S&P 500 Value ETF by 28.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 613,456 shares of the company’s stock worth $120,955,000 after purchasing an additional 136,769 shares during the period. Finally, World Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 1,511.5% during the 3rd quarter. World Investment Advisors LLC now owns 112,303 shares of the company’s stock worth $22,220,000 after purchasing an additional 105,334 shares during the period.

iShares S&P 500 Value ETF Stock Down 0.6 %

Shares of NYSEARCA IVE opened at $192.60 on Friday. The stock has a market capitalization of $35.13 billion, a price-to-earnings ratio of 22.47 and a beta of 0.95. iShares S&P 500 Value ETF has a 52 week low of $176.09 and a 52 week high of $206.63. The firm has a 50-day moving average price of $194.50 and a 200 day moving average price of $196.30.

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.