Kinetic Wealth Investment Advisors LLC Acquires Shares of 24,747 iShares S&P 500 Growth ETF $IVW

Kinetic Wealth Investment Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 24,747 shares of the company’s stock, valued at approximately $3,403,000. iShares S&P 500 Growth ETF accounts for about 1.6% of Kinetic Wealth Investment Advisors LLC’s investment portfolio, making the stock its 10th largest position.

Other institutional investors have also made changes to their positions in the company. Decker Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth about $2,991,000. Chatterton & Associates Inc. boosted its holdings in iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock valued at $5,306,000 after purchasing an additional 11,089 shares during the last quarter. Pinkerton Wealth LLC boosted its holdings in iShares S&P 500 Growth ETF by 4.3% in the fourth quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock valued at $26,514,000 after purchasing an additional 8,870 shares during the last quarter. MML Investors Services LLC grew its stake in iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after purchasing an additional 358,496 shares in the last quarter. Finally, Sterling Investment Counsel LLC grew its stake in 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.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $140.55 on Tuesday. The stock’s 50 day moving average is $137.90 and its two-hundred day moving average is $130.98. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26. The company has a market capitalization of $76.73 billion, a PE ratio of 33.33 and a beta of 1.17.

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.