Gladstone Institutional Advisory LLC Purchases 32,435 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gladstone Institutional Advisory LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 241,113 shares of the company’s stock after buying an additional 32,435 shares during the period. iShares S&P 500 Growth ETF accounts for about 1.1% of Gladstone Institutional Advisory LLC’s investment portfolio, making the stock its 13th biggest position. Gladstone Institutional Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $24,480,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IVW. Alpha Financial Partners LLC bought a new stake in iShares S&P 500 Growth ETF in the third quarter worth $11,343,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 14.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,996 shares of the company’s stock worth $191,000 after buying an additional 252 shares in the last quarter. ORG Wealth Partners LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $66,000. Creative Planning raised its position in shares of iShares S&P 500 Growth ETF by 3.3% during the 3rd quarter. Creative Planning now owns 506,415 shares of the company’s stock valued at $48,489,000 after buying an additional 15,976 shares in the last quarter. Finally, Iams Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 18.0% in the 3rd quarter. Iams Wealth Management LLC now owns 21,767 shares of the company’s stock valued at $2,084,000 after acquiring an additional 3,327 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3 %

IVW opened at $105.28 on Wednesday. The stock has a 50-day moving average of $103.64 and a 200 day moving average of $97.91. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The firm has a market cap of $55.16 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Company 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.