May Hill Capital LLC Purchases Shares of 2,375 iShares S&P 500 Value ETF (NYSEARCA:IVE)

May Hill Capital LLC purchased a new stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,375 shares of the company’s stock, valued at approximately $453,000.

A number of other hedge funds also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares S&P 500 Value ETF by 100.0% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the last quarter. Kentucky Trust Co bought a new position in iShares S&P 500 Value ETF during the fourth quarter worth $29,000. Providence First Trust Co acquired a new position in iShares S&P 500 Value ETF in the fourth quarter valued at $31,000. Centricity Wealth Management LLC bought a new stake in iShares S&P 500 Value ETF during the fourth quarter valued at $34,000. Finally, Perkins Coie Trust Co acquired a new stake in iShares S&P 500 Value ETF during the 4th quarter worth about $35,000.

iShares S&P 500 Value ETF Price Performance

Shares of NYSEARCA:IVE opened at $190.58 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $176.09 and a 1 year high of $206.63. The business’s 50-day moving average is $194.08 and its 200-day moving average is $195.98. The company has a market capitalization of $37.11 billion, a price-to-earnings ratio of 21.80 and a beta of 0.94.

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.