Physician Wealth Advisors Inc. Raises Position in iShares Core S&P 500 ETF $IVV

Physician Wealth Advisors Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 0.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 135,468 shares of the company’s stock after purchasing an additional 755 shares during the period. iShares Core S&P 500 ETF accounts for about 12.9% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its biggest holding. Physician Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $90,669,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nvwm LLC increased its stake in iShares Core S&P 500 ETF by 210.5% during the second quarter. Nvwm LLC now owns 59 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Winnow Wealth LLC bought a new position in shares of iShares Core S&P 500 ETF in the 3rd quarter worth about $61,000. Hager Investment Management Services LLC acquired a new position in shares of iShares Core S&P 500 ETF in the 2nd quarter valued at about $61,000. Rice Partnership LLC boosted its holdings in shares of iShares Core S&P 500 ETF by 460.0% in the 2nd quarter. Rice Partnership LLC now owns 112 shares of the company’s stock valued at $70,000 after buying an additional 92 shares during the period. Finally, Conquis Financial LLC bought a new stake in shares of iShares Core S&P 500 ETF during the 3rd quarter valued at about $82,000. 70.12% of the stock is owned by institutional investors.

iShares Core S&P 500 ETF Stock Up 0.5%

IVV opened at $698.54 on Tuesday. The company’s 50-day moving average price is $689.55 and its 200 day moving average price is $670.00. iShares Core S&P 500 ETF has a fifty-two week low of $484.00 and a fifty-two week high of $700.97. The firm has a market cap of $765.98 billion, a price-to-earnings ratio of 25.10 and a beta of 1.00.

iShares Core S&P 500 ETF Company 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. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.