Diversify Wealth Management LLC Acquires 73,584 Shares of iShares S&P 500 Growth ETF $IVW

Diversify Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 198,711 shares of the company’s stock after purchasing an additional 73,584 shares during the period. Diversify Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $22,476,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IVW. Brookstone Capital Management grew its stake in iShares S&P 500 Growth ETF by 5.7% during the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after buying an additional 12,778 shares during the last quarter. Capital Advantage Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 40.9% during the fourth quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after buying an additional 7,396 shares in the last quarter. Lido Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 6.5% in the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after acquiring an additional 221,311 shares during the last quarter. Chatterton & Associates Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after acquiring an additional 11,089 shares during the last quarter. Finally, Embree Financial Group boosted its holdings in shares of iShares S&P 500 Growth ETF by 61.2% in the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock worth $7,605,000 after acquiring an additional 23,416 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.6%

NYSEARCA IVW traded up $0.82 during trading hours on Friday, reaching $138.59. 1,005,223 shares of the company’s stock were exchanged, compared to its average volume of 3,851,213. The stock has a market cap of $75.46 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The firm has a fifty day moving average of $136.32 and a 200-day moving average of $126.62.

About iShares S&P 500 Growth ETF

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.