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

May Hill Capital LLC raised its position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,620 shares of the company’s stock after purchasing an additional 3,156 shares during the period. iShares S&P 500 Value ETF makes up approximately 2.3% of May Hill Capital LLC’s investment portfolio, making the stock its 10th biggest position. May Hill Capital LLC’s holdings in iShares S&P 500 Value ETF were worth $11,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVE. Bank of America Corp DE increased its stake in shares of iShares S&P 500 Value ETF by 2.0% in the 1st quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock valued at $1,997,009,000 after purchasing an additional 182,358 shares during the last quarter. Lido Advisors LLC lifted its position in shares of iShares S&P 500 Value ETF by 4.4% during the 1st quarter. Lido Advisors LLC now owns 1,944,079 shares of the company’s stock worth $410,493,000 after buying an additional 81,088 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of iShares S&P 500 Value ETF by 0.3% during the 3rd quarter. Park Avenue Securities LLC now owns 1,816,354 shares of the company’s stock worth $414,637,000 after buying an additional 5,323 shares during the last quarter. Royal Bank of Canada boosted its stake in iShares S&P 500 Value ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 1,396,602 shares of the company’s stock valued at $294,892,000 after buying an additional 48,869 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in iShares S&P 500 Value ETF by 3.8% in the first quarter. Cassaday & Co Wealth Management LLC now owns 1,197,963 shares of the company’s stock valued at $252,950,000 after buying an additional 44,187 shares in the last quarter.

iShares S&P 500 Value ETF Trading Down 0.4%

iShares S&P 500 Value ETF stock traded down $0.95 during midday trading on Friday, reaching $235.53. The company’s stock had a trading volume of 895,428 shares, compared to its average volume of 935,028. iShares S&P 500 Value ETF has a 52 week low of $203.15 and a 52 week high of $244.72. The business has a 50-day moving average price of $234.86 and a 200-day moving average price of $226.68. The stock has a market cap of $50.06 billion, a PE ratio of 22.47 and a beta of 0.82.

iShares S&P 500 Value ETF Company 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. 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.