Hudson Capital Management LLC purchased a new stake in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 32,505 shares of the company’s stock, valued at approximately $3,713,000. iShares S&P 500 Value ETF comprises 2.7% of Hudson Capital Management LLC’s portfolio, making the stock its 9th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of IVE. Hellman Jordan Management Co. Inc. MA purchased a new stake in shares of iShares S&P 500 Value ETF during the third quarter valued at approximately $2,104,000. Atlantic Trust Group LLC increased its position in shares of iShares S&P 500 Value ETF by 82.8% during the third quarter. Atlantic Trust Group LLC now owns 31,551 shares of the company’s stock valued at $3,404,000 after acquiring an additional 14,294 shares during the last quarter. White Lighthouse Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Value ETF during the fourth quarter valued at approximately $825,000. First Citizens Bank & Trust Co. increased its position in shares of iShares S&P 500 Value ETF by 6.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 48,535 shares of the company’s stock valued at $5,545,000 after acquiring an additional 3,008 shares during the last quarter. Finally, Pure Financial Advisors Inc. increased its position in shares of iShares S&P 500 Value ETF by 5.6% during the fourth quarter. Pure Financial Advisors Inc. now owns 42,182 shares of the company’s stock valued at $4,819,000 after acquiring an additional 2,228 shares during the last quarter.

Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) traded up $1.01 on Tuesday, hitting $119.84. The company had a trading volume of 691,400 shares, compared to its average volume of 1,002,121. The stock has a market capitalization of $16,050.00 and a P/E ratio of 15.23. iShares S&P 500 Value ETF has a one year low of $100.97 and a one year high of $119.84.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Wednesday, December 20th were given a dividend of $0.6257 per share. This represents a $2.50 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend was Tuesday, December 19th. iShares S&P 500 Value ETF’s payout ratio is 30.75%.

WARNING: This piece of content was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of international trademark and copyright laws. The legal version of this piece of content can be accessed at https://www.watchlistnews.com/hudson-capital-management-llc-takes-position-in-ishares-sp-500-value-etf-ive/1820270.html.

Want to see what other hedge funds are holding IVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Value ETF (NYSEARCA:IVE).

Institutional Ownership by Quarter for iShares S&P 500 Value ETF (NYSEARCA:IVE)

Receive News & Ratings for iShares S&P 500 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.