Flagstar Advisors Inc. Has $3.68 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Flagstar Advisors Inc. lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,034 shares of the company’s stock after buying an additional 2,965 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.2% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 23rd biggest position. Flagstar Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,682,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Carret Asset Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the third quarter. Carret Asset Management LLC now owns 39,613 shares of the company’s stock valued at $2,710,000 after buying an additional 150 shares during the period. Nicolet Advisory Services LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the third quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock valued at $518,000 after buying an additional 152 shares during the period. Gallagher Fiduciary Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 4.5% in the third quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock valued at $241,000 after buying an additional 153 shares during the period. Carolinas Wealth Consulting LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 0.6% in the second quarter. Carolinas Wealth Consulting LLC now owns 26,143 shares of the company’s stock valued at $1,843,000 after buying an additional 162 shares during the period. Finally, Lake Street Financial LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 4.6% in the third quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock valued at $255,000 after buying an additional 163 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.3 %

NYSEARCA IVW traded down $0.26 on Friday, hitting $84.44. 1,736,722 shares of the company’s stock were exchanged, compared to its average volume of 3,834,385. The stock has a 50-day moving average of $81.72 and a 200-day moving average of $75.10. iShares S&P 500 Growth ETF has a 52 week low of $62.22 and a 52 week high of $85.56. The stock has a market cap of $41.37 billion, a price-to-earnings ratio of 22.15 and a beta of 1.05.

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.