iShares S&P 500 Value ETF $IVE Shares Purchased by May Hill Capital LLC

May Hill Capital LLC boosted its stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 188.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 110,020 shares of the company’s stock after buying an additional 71,935 shares during the quarter. iShares S&P 500 Value ETF makes up 3.0% of May Hill Capital LLC’s holdings, making the stock its 4th largest holding. May Hill Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $23,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Value ETF in the 3rd quarter valued at $2,478,000. Detalus Advisors LLC raised its stake in shares of iShares S&P 500 Value ETF by 3.6% in the 3rd quarter. Detalus Advisors LLC now owns 84,033 shares of the company’s stock valued at $17,354,000 after buying an additional 2,909 shares in the last quarter. BIP Wealth LLC raised its stake in shares of iShares S&P 500 Value ETF by 185.4% in the 3rd quarter. BIP Wealth LLC now owns 6,001 shares of the company’s stock valued at $1,239,000 after buying an additional 3,898 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of iShares S&P 500 Value ETF by 96.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock valued at $47,492,000 after buying an additional 110,058 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in shares of iShares S&P 500 Value ETF by 7.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 61,315 shares of the company’s stock valued at $12,662,000 after buying an additional 4,048 shares in the last quarter.

iShares S&P 500 Value ETF Stock Performance

IVE opened at $223.45 on Friday. The firm’s 50-day simple moving average is $216.67 and its 200-day simple moving average is $215.21. iShares S&P 500 Value ETF has a twelve month low of $185.34 and a twelve month high of $225.90. The firm has a market cap of $49.34 billion, a price-to-earnings ratio of 20.70 and a beta of 0.83.

About iShares S&P 500 Value ETF

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.