Physician Wealth Advisors Inc. Decreases Position in iShares S&P 500 Value ETF $IVE

Physician Wealth Advisors Inc. reduced its stake in iShares S&P 500 Value ETF (NYSEARCA:IVE) by 5.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 135,184 shares of the company’s stock after selling 7,151 shares during the quarter. iShares S&P 500 Value ETF comprises approximately 4.0% of Physician Wealth Advisors Inc.’s portfolio, making the stock its 5th biggest holding. Physician Wealth Advisors Inc. owned approximately 0.06% of iShares S&P 500 Value ETF worth $28,544,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IVE. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in iShares S&P 500 Value ETF by 96.6% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 223,947 shares of the company’s stock worth $47,492,000 after buying an additional 110,058 shares in the last quarter. FLP Wealth Management LLC lifted its stake in iShares S&P 500 Value ETF by 1,182.9% in the fourth quarter. FLP Wealth Management LLC now owns 23,964 shares of the company’s stock worth $5,082,000 after purchasing an additional 22,096 shares during the last quarter. Centurion Wealth Management LLC grew its stake in shares of iShares S&P 500 Value ETF by 24.7% during the fourth quarter. Centurion Wealth Management LLC now owns 24,643 shares of the company’s stock valued at $5,226,000 after buying an additional 4,876 shares during the last quarter. Cassilly Financial Group LLC bought a new position in iShares S&P 500 Value ETF during the 4th quarter worth approximately $2,294,000. Finally, Ausdal Financial Partners Inc. increased its stake in shares of iShares S&P 500 Value ETF by 6.1% in the third quarter. Ausdal Financial Partners Inc. now owns 57,523 shares of the company’s stock worth $11,879,000 after buying an additional 3,328 shares during the period.

iShares S&P 500 Value ETF Stock Up 0.3%

Shares of IVE stock opened at $227.78 on Thursday. iShares S&P 500 Value ETF has a 52 week low of $193.90 and a 52 week high of $230.05. The firm has a market capitalization of $47.81 billion, a price-to-earnings ratio of 20.70 and a beta of 0.82. The stock has a fifty day moving average of $225.51 and a 200 day moving average of $219.27.

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.