Acas LLC Sells 869 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Acas LLC trimmed its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,883 shares of the company’s stock after selling 869 shares during the period. iShares S&P 500 Value ETF accounts for about 4.9% of Acas LLC’s portfolio, making the stock its 4th biggest holding. Acas LLC’s holdings in iShares S&P 500 Value ETF were worth $4,327,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its stake in iShares S&P 500 Value ETF by 700.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 160 shares of the company’s stock valued at $25,000 after buying an additional 140 shares during the last quarter. Peoples Bank KS bought a new position in iShares S&P 500 Value ETF during the third quarter worth about $25,000. First Pacific Financial acquired a new stake in iShares S&P 500 Value ETF in the 4th quarter worth about $30,000. Wetzel Investment Advisors Inc. bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. Finally, Sound Income Strategies LLC acquired a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $35,000.

iShares S&P 500 Value ETF Stock Down 0.9 %

Shares of IVE traded down $1.70 during mid-day trading on Thursday, hitting $179.34. 114,119 shares of the company’s stock were exchanged, compared to its average volume of 963,175. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24. The stock’s 50-day simple moving average is $181.27 and its 200-day simple moving average is $171.43. The firm has a market cap of $32.13 billion, a price-to-earnings ratio of 23.38 and a beta of 0.84.

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.