Quantinno Capital Management LP reduced its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE – Free Report) by 20.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,746 shares of the company’s stock after selling 2,534 shares during the quarter. Quantinno Capital Management LP’s holdings in iShares S&P 500 Value ETF were worth $1,860,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. NorthRock Partners LLC bought a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $296,000. Marathon Partners Equity Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $1,575,000. Measured Risk Portfolios Inc. bought a new stake in iShares S&P 500 Value ETF during the fourth quarter worth about $60,000. Morse Asset Management Inc acquired a new position in iShares S&P 500 Value ETF during the fourth quarter valued at approximately $41,000. Finally, Millennium Management LLC boosted its position in iShares S&P 500 Value ETF by 101.3% during the fourth quarter. Millennium Management LLC now owns 3,334 shares of the company’s stock valued at $636,000 after purchasing an additional 1,678 shares during the last quarter.
iShares S&P 500 Value ETF Stock Down 1.8%
NYSEARCA:IVE opened at $188.10 on Thursday. iShares S&P 500 Value ETF has a twelve month low of $165.45 and a twelve month high of $206.63. The firm has a market capitalization of $37.49 billion, a price-to-earnings ratio of 21.18 and a beta of 0.89. The stock’s 50 day moving average price is $184.18 and its two-hundred day moving average price is $192.08.
About iShares S&P 500 Value ETF
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.
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