iShares S&P 500 Value ETF $IVE is Physician Wealth Advisors Inc.’s 7th Largest Position

Physician Wealth Advisors Inc. lowered its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 11.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,410 shares of the company’s stock after selling 15,774 shares during the period. iShares S&P 500 Value ETF accounts for 3.2% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 7th largest holding. Physician Wealth Advisors Inc. owned 0.06% of iShares S&P 500 Value ETF worth $27,113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in iShares S&P 500 Value ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock valued at $3,975,941,000 after purchasing an additional 821,872 shares during the period. Morgan Stanley boosted its stake in shares of iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock worth $3,240,188,000 after buying an additional 1,068,945 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares S&P 500 Value ETF by 2.0% during the first quarter. Bank of America Corp DE now owns 9,457,775 shares of the company’s stock worth $1,997,009,000 after buying an additional 182,358 shares during the period. Wells Fargo & Company MN grew its holdings in shares of iShares S&P 500 Value ETF by 2.0% during the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after buying an additional 120,153 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares S&P 500 Value ETF by 22.5% during the fourth quarter. Cetera Investment Advisers now owns 3,409,979 shares of the company’s stock worth $723,154,000 after buying an additional 627,109 shares during the last quarter.

iShares S&P 500 Value ETF Stock Up 0.1%

Shares of IVE stock opened at $236.60 on Thursday. The stock has a market capitalization of $50.01 billion, a PE ratio of 20.70 and a beta of 0.82. iShares S&P 500 Value ETF has a 52-week low of $200.52 and a 52-week high of $236.97. The stock’s 50-day moving average price is $230.07 and its 200 day moving average price is $222.99.

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.