Physician Wealth Advisors Inc. Purchases 2,188 Shares of iShares S&P 500 Value ETF (NYSEARCA:IVE)

Physician Wealth Advisors Inc. boosted its holdings in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,586 shares of the company’s stock after acquiring an additional 2,188 shares during the period. iShares S&P 500 Value ETF makes up approximately 1.9% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 13th largest holding. Physician Wealth Advisors Inc.’s holdings in iShares S&P 500 Value ETF were worth $10,992,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kentucky Trust Co acquired a new position in shares of iShares S&P 500 Value ETF in the fourth quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares S&P 500 Value ETF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the company’s stock worth $29,000 after purchasing an additional 76 shares during the period. Providence First Trust Co bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth about $31,000. Centricity Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Value ETF in the 4th quarter valued at about $34,000. Finally, Perkins Coie Trust Co bought a new stake in shares of iShares S&P 500 Value ETF in the fourth quarter valued at about $35,000.

iShares S&P 500 Value ETF Price Performance

IVE stock opened at $188.79 on Friday. The business has a 50-day moving average of $194.16 and a 200-day moving average of $195.97. iShares S&P 500 Value ETF has a fifty-two week low of $176.09 and a fifty-two week high of $206.63. The stock has a market capitalization of $36.76 billion, a P/E ratio of 21.80 and a beta of 0.94.

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.