Physician Wealth Advisors Inc. Has $90.27 Million Stake in iShares Core S&P 500 ETF $IVV

Physician Wealth Advisors Inc. increased its position in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 1.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 138,197 shares of the company’s stock after purchasing an additional 1,822 shares during the quarter. iShares Core S&P 500 ETF makes up 12.6% of Physician Wealth Advisors Inc.’s holdings, making the stock its largest position. Physician Wealth Advisors Inc.’s holdings in iShares Core S&P 500 ETF were worth $90,271,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in iShares Core S&P 500 ETF in the fourth quarter valued at approximately $331,591,000. Bison Wealth LLC boosted its stake in shares of iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the company’s stock worth $4,591,000 after acquiring an additional 1,511 shares during the period. Schnieders Capital Management LLC. boosted its stake in shares of iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the company’s stock worth $3,512,000 after acquiring an additional 45 shares during the period. First Trust Advisors LP increased its holdings in shares of iShares Core S&P 500 ETF by 43.1% during the 2nd quarter. First Trust Advisors LP now owns 6,989 shares of the company’s stock worth $4,340,000 after acquiring an additional 2,105 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in shares of iShares Core S&P 500 ETF by 1.2% during the 2nd quarter. Sei Investments Co. now owns 8,455 shares of the company’s stock worth $5,250,000 after acquiring an additional 97 shares during the last quarter. 70.12% of the stock is currently owned by institutional investors and hedge funds.

iShares Core S&P 500 ETF Stock Performance

IVV opened at $748.43 on Friday. The stock’s fifty day simple moving average is $742.39 and its 200 day simple moving average is $704.53. iShares Core S&P 500 ETF has a 1-year low of $620.85 and a 1-year high of $764.00. The stock has a market cap of $887.34 billion, a PE ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.