Physician Wealth Advisors Inc. Purchases 7,016 Shares of iShares S&P 500 Value ETF $IVE

Physician Wealth Advisors Inc. lifted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 7.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 98,761 shares of the company’s stock after purchasing an additional 7,016 shares during the quarter. iShares S&P 500 Value ETF comprises about 2.9% of Physician Wealth Advisors Inc.’s holdings, making the stock its 8th biggest holding. Physician Wealth Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $20,395,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Dumont & Blake Investment Advisors LLC grew its stake in shares of iShares S&P 500 Value ETF by 0.5% in the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after acquiring an additional 49 shares in the last quarter. Signal Advisors Wealth LLC boosted its holdings in iShares S&P 500 Value ETF by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock valued at $1,861,000 after purchasing an additional 51 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its stake in iShares S&P 500 Value ETF by 2.2% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after purchasing an additional 59 shares in the last quarter. CPC Advisors LLC increased its holdings in iShares S&P 500 Value ETF by 4.9% during the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock worth $259,000 after purchasing an additional 59 shares during the period. Finally, Pinnacle Associates Ltd. increased its holdings in iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock worth $1,626,000 after purchasing an additional 62 shares during the period.

iShares S&P 500 Value ETF Stock Performance

Shares of IVE opened at $219.04 on Tuesday. iShares S&P 500 Value ETF has a 1 year low of $165.45 and a 1 year high of $219.22. The stock has a market capitalization of $49.55 billion, a PE ratio of 20.70 and a beta of 0.89. The stock has a 50-day simple moving average of $214.16 and a 200-day simple moving average of $207.75.

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.