iShares S&P 500 Value ETF $IVE is May Hill Capital LLC’s 8th Largest Position

May Hill Capital LLC increased its position in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 52.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,085 shares of the company’s stock after buying an additional 13,131 shares during the quarter. iShares S&P 500 Value ETF accounts for 2.3% of May Hill Capital LLC’s portfolio, making the stock its 8th largest position. May Hill Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $7,865,000 at the end of the most recent quarter.

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

iShares S&P 500 Value ETF Price Performance

Shares of IVE stock opened at $220.19 on Wednesday. The business has a 50-day moving average of $216.18 and a 200 day moving average of $209.45. The stock has a market capitalization of $49.74 billion, a PE ratio of 20.70 and a beta of 0.89. iShares S&P 500 Value ETF has a 1-year low of $165.45 and a 1-year high of $223.05.

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.