May Hill Capital LLC Takes $50.53 Million Position in iShares Core S&P 500 ETF (NYSEARCA:IVV)

May Hill Capital LLC acquired a new position in iShares Core S&P 500 ETF (NYSEARCA:IVV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 85,835 shares of the company’s stock, valued at approximately $50,529,000. iShares Core S&P 500 ETF accounts for about 19.6% of May Hill Capital LLC’s holdings, making the stock its largest position.

Other hedge funds have also bought and sold shares of the company. Arvest Bank Trust Division purchased a new position in iShares Core S&P 500 ETF during the 3rd quarter valued at about $102,003,000. United Bank grew its stake in iShares Core S&P 500 ETF by 22.2% during the third quarter. United Bank now owns 1,079 shares of the company’s stock valued at $622,000 after acquiring an additional 196 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in iShares Core S&P 500 ETF by 2,882.8% during the 3rd quarter. Benjamin Edwards Inc. now owns 46,591 shares of the company’s stock worth $26,902,000 after acquiring an additional 45,029 shares during the period. Beck Capital Management LLC lifted its stake in iShares Core S&P 500 ETF by 8.1% in the 3rd quarter. Beck Capital Management LLC now owns 3,535 shares of the company’s stock worth $2,039,000 after purchasing an additional 266 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. boosted its holdings in iShares Core S&P 500 ETF by 0.6% in the 3rd quarter. Beacon Investment Advisory Services Inc. now owns 58,395 shares of the company’s stock valued at $33,683,000 after purchasing an additional 325 shares during the period.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $561.90 on Tuesday. iShares Core S&P 500 ETF has a fifty-two week low of $496.30 and a fifty-two week high of $616.22. The stock has a market cap of $541.11 billion, a P/E ratio of 24.98 and a beta of 1.01. The firm’s fifty day moving average price is $590.72 and its 200-day moving average price is $589.94.

iShares Core S&P 500 ETF Profile

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.