Physician Wealth Advisors Inc. Trims Holdings in iShares S&P 500 Value ETF $IVE

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

Several other institutional investors also recently bought and sold shares of IVE. JPMorgan Chase & Co. lifted its stake in iShares S&P 500 Value ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 18,748,246 shares of the company’s stock worth $3,975,941,000 after purchasing an additional 821,872 shares in the last quarter. Morgan Stanley grew its position in shares of iShares S&P 500 Value ETF by 7.5% during the fourth quarter. Morgan Stanley now owns 15,278,856 shares of the company’s stock valued at $3,240,188,000 after purchasing an additional 1,068,945 shares in the last quarter. Bank of America Corp DE grew its position in shares of iShares S&P 500 Value ETF by 0.9% during the third quarter. Bank of America Corp DE now owns 8,396,957 shares of the company’s stock valued at $1,734,056,000 after purchasing an additional 72,040 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of iShares S&P 500 Value ETF by 2.0% in the fourth quarter. Wells Fargo & Company MN now owns 6,264,139 shares of the company’s stock worth $1,328,436,000 after purchasing an additional 120,153 shares during the last quarter. Finally, UBS Group AG increased its holdings in shares of iShares S&P 500 Value ETF by 1.0% in the third quarter. UBS Group AG now owns 3,604,778 shares of the company’s stock worth $744,423,000 after purchasing an additional 37,372 shares during the last quarter.

iShares S&P 500 Value ETF Trading Up 0.3%

Shares of iShares S&P 500 Value ETF stock opened at $227.78 on Thursday. iShares S&P 500 Value ETF has a 12 month low of $193.90 and a 12 month high of $230.05. The stock has a 50 day moving average of $225.51 and a 200 day moving average of $219.27. The firm has a market cap of $47.81 billion, a PE ratio of 20.70 and a beta of 0.82.

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. 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.