WealthPoint Financial LLC Purchases Shares of 33,654 iShares S&P 500 Growth ETF $IVW

WealthPoint Financial LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 33,654 shares of the company’s stock, valued at approximately $4,148,000. iShares S&P 500 Growth ETF comprises about 3.6% of WealthPoint Financial LLC’s holdings, making the stock its 4th biggest holding.

Several other large investors also recently added to or reduced their stakes in the business. Brookstone Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares during the last quarter. Capital Advantage Inc. boosted its position in 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 valued at $3,143,000 after purchasing an additional 7,396 shares in the last quarter. Meridian Wealth Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 75.0% in the third quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock valued at $5,040,000 after purchasing an additional 17,896 shares during the last quarter. Embree Financial Group grew its stake in iShares S&P 500 Growth ETF by 61.2% in the fourth quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after purchasing an additional 23,416 shares during the last quarter. Finally, Lido Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after acquiring an additional 221,311 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.7%

Shares of IVW opened at $137.96 on Friday. The stock has a fifty day moving average price of $133.19 and a 200-day moving average price of $125.20. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98. The firm has a market cap of $74.77 billion, a PE ratio of 33.33 and a beta of 1.17.

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.