Financial Life Advisors bought a new position in iShares S&P 500 Growth Index (NYSEARCA:IVW) in the fourth quarter, HoldingsChannel reports. The firm bought 51,391 shares of the company’s stock, valued at approximately $7,851,000. iShares S&P 500 Growth Index comprises about 6.3% of Financial Life Advisors’ investment portfolio, making the stock its 5th biggest holding.

Several other hedge funds also recently bought and sold shares of IVW. Pin Oak Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth Index in the fourth quarter worth about $102,000. We Are One Seven LLC bought a new position in shares of iShares S&P 500 Growth Index in the fourth quarter worth about $115,000. WealthShield LLC bought a new position in shares of iShares S&P 500 Growth Index in the fourth quarter worth about $146,000. Sawyer & Company Inc bought a new position in iShares S&P 500 Growth Index in the 4th quarter valued at approximately $168,000. Finally, Pinnacle Wealth Planning Services Inc. bought a new position in iShares S&P 500 Growth Index in the 4th quarter valued at approximately $170,000.

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iShares S&P 500 Growth Index stock opened at $160.73 on Thursday. The stock has a market cap of $21,240.00 and a P/E ratio of 11.29. iShares S&P 500 Growth Index has a fifty-two week low of $129.25 and a fifty-two week high of $166.51.

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About iShares S&P 500 Growth Index

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.

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth Index (NYSEARCA:IVW).

Institutional Ownership by Quarter for iShares S&P 500 Growth Index (NYSEARCA:IVW)

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