Quantitative Strategies Inc. Sells 605 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Quantitative Strategies Inc. cut its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 0.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,553 shares of the company’s stock after selling 605 shares during the quarter. iShares S&P 500 Value ETF makes up approximately 19.7% of Quantitative Strategies Inc.’s portfolio, making the stock its largest holding. Quantitative Strategies Inc. owned 0.12% of iShares S&P 500 Value ETF worth $32,440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its stake in shares of 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 acquiring an additional 140 shares during the period. First Pacific Financial bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $30,000. Sound Income Strategies LLC bought a new stake in iShares S&P 500 Value ETF in the 4th quarter valued at about $35,000. 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, Headlands Technologies LLC lifted its position in iShares S&P 500 Value ETF by 67.4% in the 3rd quarter. Headlands Technologies LLC now owns 231 shares of the company’s stock valued at $36,000 after purchasing an additional 93 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.4 %

NYSEARCA:IVE traded up $0.68 during mid-day trading on Friday, hitting $183.42. The stock had a trading volume of 400,646 shares, compared to its average volume of 865,272. The stock has a market capitalization of $32.86 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. The company has a 50 day simple moving average of $182.50 and a 200-day simple moving average of $176.16. iShares S&P 500 Value ETF has a 52 week low of $147.23 and a 52 week high of $187.24.

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.