Physician Wealth Advisors Inc. Increases Stock Position in iShares S&P 500 Value ETF (NYSEARCA:IVE)

Physician Wealth Advisors Inc. increased its holdings in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 6.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,398 shares of the company’s stock after buying an additional 3,319 shares during the period. iShares S&P 500 Value ETF accounts for 2.0% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. Physician Wealth Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $11,034,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares S&P 500 Value ETF by 5.1% in the first quarter. JPMorgan Chase & Co. now owns 17,776,089 shares of the company’s stock worth $3,320,751,000 after acquiring an additional 861,704 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares S&P 500 Value ETF by 3.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,380,397 shares of the company’s stock worth $2,253,356,000 after purchasing an additional 420,007 shares during the period. LPL Financial LLC boosted its stake in iShares S&P 500 Value ETF by 4.9% in the 2nd quarter. LPL Financial LLC now owns 4,258,617 shares of the company’s stock worth $775,111,000 after purchasing an additional 200,427 shares during the period. US Bancorp DE grew its holdings in iShares S&P 500 Value ETF by 9.9% during the 1st quarter. US Bancorp DE now owns 1,539,081 shares of the company’s stock valued at $287,516,000 after buying an additional 139,258 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of iShares S&P 500 Value ETF by 3.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,424,716 shares of the company’s stock valued at $259,313,000 after buying an additional 47,074 shares during the period.

iShares S&P 500 Value ETF Trading Up 0.8 %

Shares of iShares S&P 500 Value ETF stock opened at $200.77 on Thursday. The company’s 50-day moving average price is $194.04 and its 200-day moving average price is $187.01. The company has a market cap of $35.97 billion, a price-to-earnings ratio of 23.79 and a beta of 0.81. iShares S&P 500 Value ETF has a 12-month low of $147.23 and a 12-month high of $200.98.

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.