IFP Advisors Inc Grows Stock Holdings in iShares S&P 500 Growth ETF $IVW

IFP Advisors Inc grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 468,364 shares of the company’s stock after purchasing an additional 63,352 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.3% of IFP Advisors Inc’s holdings, making the stock its 9th largest holding. IFP Advisors Inc’s holdings in iShares S&P 500 Growth ETF were worth $57,731,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. United Bank grew its position in iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. grew its position in iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after acquiring an additional 707 shares during the last quarter. First Trust Advisors LP grew its position in iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $134.47 on Wednesday. The firm has a market cap of $72.88 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 $100.76 and a one year high of $139.10. The stock’s 50 day simple moving average is $123.60 and its 200 day simple moving average is $122.84.

iShares S&P 500 Growth ETF Profile

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.