iShares S&P 500 Growth ETF $IVW Stake Raised by FWG Investments LLC.

FWG Investments LLC. lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 33.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,326 shares of the company’s stock after buying an additional 5,792 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.6% of FWG Investments LLC.’s portfolio, making the stock its 15th biggest holding. FWG Investments LLC.’s holdings in iShares S&P 500 Growth ETF were worth $3,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Decker Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 1st quarter worth approximately $2,991,000. Nwam LLC boosted its holdings in iShares S&P 500 Growth ETF by 23.1% in the 2nd quarter. Nwam LLC now owns 47,402 shares of the company’s stock valued at $6,519,000 after purchasing an additional 8,902 shares during the period. Sterling Investment Counsel LLC grew its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 2nd quarter. Sterling Investment Counsel LLC now owns 287,866 shares of the company’s stock valued at $39,590,000 after purchasing an additional 4,694 shares in the last quarter. Financial & Tax Architects LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $5,702,000. Finally, Arcadia Wealth Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 68.2% during the 2nd quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock valued at $2,683,000 after purchasing an additional 7,908 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $129.63 on Monday. The stock has a market cap of $71.70 billion, a P/E ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The firm’s fifty day moving average price is $140.00 and its 200-day moving average price is $132.10.

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.