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

May Hill Capital LLC lifted its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 188.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 comprises approximately 3.0% of May Hill Capital LLC’s holdings, making the stock its 4th largest position. May Hill Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $23,332,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter worth $26,000. United Services Automobile Association acquired a new position in iShares S&P 500 Value ETF during the 2nd quarter valued at $26,000. Palisade Asset Management LLC acquired a new position in iShares S&P 500 Value ETF during the 3rd quarter valued at $29,000. Ransom Advisory Ltd acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000. Finally, Birchbrook Inc. acquired a new position in iShares S&P 500 Value ETF during the 4th quarter valued at $31,000.

iShares S&P 500 Value ETF Price Performance

NYSEARCA:IVE opened at $223.45 on Friday. The stock has a market cap of $49.34 billion, a P/E ratio of 20.70 and a beta of 0.83. iShares S&P 500 Value ETF has a one year low of $185.34 and a one year high of $225.90. The company has a fifty day moving average price of $216.67 and a 200 day moving average price of $215.21.

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.