PFG Advisors Increases Stock Position in iShares S&P 500 Growth ETF $IVW

PFG Advisors lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.2% in the 4th quarter, HoldingsChannel reports. The firm owned 44,885 shares of the company’s stock after buying an additional 8,462 shares during the quarter. PFG Advisors’ holdings in iShares S&P 500 Growth ETF were worth $5,533,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Little House Capital LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.0% in the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock worth $482,000 after purchasing an additional 80 shares during the period. Wingate Wealth Advisors Inc. lifted its position in iShares S&P 500 Growth ETF by 3.5% during the 3rd quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock valued at $300,000 after acquiring an additional 83 shares during the period. Smith Moore & CO. lifted its position in iShares S&P 500 Growth ETF by 2.9% during the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the period. Frazier Financial Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 11.4% in the third quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock worth $102,000 after buying an additional 86 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management raised its holdings in iShares S&P 500 Growth ETF by 0.7% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after buying an additional 86 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $127.70 on Tuesday. The stock has a market capitalization of $68.87 billion, a PE ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 52-week low of $84.89 and a 52-week high of $128.68. The company has a 50-day simple moving average of $118.75 and a two-hundred day simple moving average of $121.35.

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.