iShares S&P 500 Value ETF $IVE Shares Sold by Assetmark Inc.

Assetmark Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 18.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,323 shares of the company’s stock after selling 3,815 shares during the quarter. Assetmark Inc.’s holdings in iShares S&P 500 Value ETF were worth $3,577,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. United Services Automobile Association purchased a new position in shares of iShares S&P 500 Value ETF in the 2nd quarter worth $26,000. Center for Financial Planning Inc. purchased a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter worth about $32,000. Tripletail Wealth Management LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $37,000. Rossmore Private Capital acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at about $44,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF during the 3rd quarter worth about $45,000.

iShares S&P 500 Value ETF Stock Performance

NYSEARCA IVE opened at $221.01 on Thursday. The firm has a market capitalization of $49.93 billion, a price-to-earnings ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a one year low of $165.45 and a one year high of $223.05. The company’s 50 day moving average price is $216.33 and its 200 day moving average price is $209.53.

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.