iShares S&P 500 Growth ETF $IVW Stock Bought by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 234,393 shares of the company’s stock after purchasing an additional 3,635 shares during the period. iShares S&P 500 Growth ETF comprises 3.8% of Physician Wealth Advisors Inc.’s portfolio, making the stock its 5th largest holding. Physician Wealth Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $33,345,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after purchasing an additional 1,229,382 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares S&P 500 Growth ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after purchasing an additional 245,310 shares during the period. Lido Advisors LLC grew its position in iShares S&P 500 Growth ETF by 2.3% during the first quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock valued at $438,178,000 after purchasing an additional 85,467 shares in the last quarter. Royal Bank of Canada grew its position in iShares S&P 500 Growth ETF by 5.8% during the first quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after purchasing an additional 193,529 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in iShares S&P 500 Growth ETF by 9.6% during the first quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock valued at $273,339,000 after purchasing an additional 211,952 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $139.95 on Wednesday. The firm has a market cap of $77.41 billion, a PE ratio of 33.33 and a beta of 1.17. The firm’s 50 day moving average price is $141.08 and its two-hundred day moving average price is $136.29. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $146.83.

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.