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 its most recent filing with the SEC. The firm 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 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IVE. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $26,000. United Services Automobile Association bought a new position in shares of iShares S&P 500 Value ETF during the 2nd quarter worth about $26,000. Palisade Asset Management LLC bought a new position in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $29,000. Ransom Advisory Ltd bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $31,000. Finally, Birchbrook Inc. bought a new position in shares of iShares S&P 500 Value ETF during the 4th quarter worth about $31,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA:IVE opened at $227.86 on Wednesday. The company has a 50-day moving average of $219.58 and a 200-day moving average of $216.64. The company has a market capitalization of $50.31 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83. 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 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.