Tidemark LLC Sells 71,568 Shares of iShares S&P 500 Value ETF $IVE

Tidemark LLC trimmed its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 93.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,762 shares of the company’s stock after selling 71,568 shares during the period. Tidemark LLC’s holdings in iShares S&P 500 Value ETF were worth $1,010,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. REAP Financial Group LLC raised its stake in shares of iShares S&P 500 Value ETF by 9.7% during the third quarter. REAP Financial Group LLC now owns 542 shares of the company’s stock worth $112,000 after buying an additional 48 shares during the last quarter. Flagship Private Wealth LLC grew its holdings in iShares S&P 500 Value ETF by 1.1% during the fourth quarter. Flagship Private Wealth LLC now owns 4,250 shares of the company’s stock valued at $901,000 after purchasing an additional 48 shares during the period. Patten & Patten Inc. TN grew its holdings in iShares S&P 500 Value ETF by 4.8% during the fourth quarter. Patten & Patten Inc. TN now owns 1,048 shares of the company’s stock valued at $222,000 after purchasing an additional 48 shares during the period. Bernardo Wealth Planning LLC grew its holdings in iShares S&P 500 Value ETF by 0.5% during the fourth quarter. Bernardo Wealth Planning LLC now owns 9,495 shares of the company’s stock valued at $2,014,000 after purchasing an additional 49 shares during the period. Finally, Stegner Investment Associates Inc. grew its holdings in iShares S&P 500 Value ETF by 0.3% during the fourth quarter. Stegner Investment Associates Inc. now owns 16,304 shares of the company’s stock valued at $3,457,000 after purchasing an additional 49 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of NYSEARCA IVE opened at $227.86 on Wednesday. The stock has a market cap of $50.31 billion, a P/E ratio of 20.70 and a beta of 0.83. The firm has a 50 day moving average price of $219.58 and a 200 day moving average price of $216.64. iShares S&P 500 Value ETF has a 52-week low of $188.93 and a 52-week high of $228.95.

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.