Quantinno Capital Management LP Has $10.26 Million Position in iShares S&P 500 Value ETF $IVE

Quantinno Capital Management LP lifted its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 25.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,569 shares of the company’s stock after acquiring an additional 9,887 shares during the period. Quantinno Capital Management LP’s holdings in iShares S&P 500 Value ETF were worth $10,255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVE. Simplex Trading LLC bought a new stake in shares of iShares S&P 500 Value ETF during the 4th quarter valued at about $25,000. RMG Wealth Management LLC acquired a new position in iShares S&P 500 Value ETF in the first quarter valued at approximately $27,000. Hilton Head Capital Partners LLC acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at approximately $25,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth approximately $26,000. Finally, United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth approximately $26,000.

iShares S&P 500 Value ETF Stock Up 1.1%

Shares of IVE stock opened at $235.67 on Wednesday. The firm has a 50 day moving average of $229.09 and a 200-day moving average of $222.18. The company has a market cap of $49.81 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52 week low of $195.74 and a 52 week high of $235.95.

iShares S&P 500 Value ETF Company 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. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.