Icon Wealth Advisors LLC Buys 16,181 Shares of iShares S&P 500 Growth ETF $IVW

Icon Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 432,426 shares of the company’s stock after buying an additional 16,181 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 3.5% of Icon Wealth Advisors LLC’s investment portfolio, making the stock its 4th biggest position. Icon Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $53,301,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Smith Moore & CO. boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after purchasing an additional 85 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after purchasing an additional 86 shares in the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock valued at $1,087,000 after purchasing an additional 86 shares in the last quarter. Ignite Planners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after purchasing an additional 88 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock valued at $969,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $135.00 on Friday. The stock’s fifty day moving average price is $131.40 and its two-hundred day moving average price is $124.77. The company has a market cap of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98.

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. 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.