Fonville Wealth Management LLC Purchases New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fonville Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,541 shares of the company’s stock, valued at approximately $2,143,000.

Several other institutional investors have also added to or reduced their stakes in IVW. Ironwood Wealth Management LLC. raised its holdings in iShares S&P 500 Growth ETF by 19.0% in the 1st quarter. Ironwood Wealth Management LLC. now owns 184,517 shares of the company’s stock worth $14,339,000 after purchasing an additional 29,518 shares in the last quarter. United Bank increased its stake in shares of iShares S&P 500 Growth ETF by 7.3% in the 1st quarter. United Bank now owns 54,579 shares of the company’s stock worth $4,169,000 after acquiring an additional 3,690 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares S&P 500 Growth ETF by 4.0% in the 1st quarter. Bank of New York Mellon Corp now owns 245,020 shares of the company’s stock worth $18,714,000 after acquiring an additional 9,526 shares in the last quarter. Blair William & Co. IL increased its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the 1st quarter. Blair William & Co. IL now owns 113,156 shares of the company’s stock worth $8,643,000 after acquiring an additional 573 shares in the last quarter. Finally, Baird Financial Group Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 13.1% in the 1st quarter. Baird Financial Group Inc. now owns 702,440 shares of the company’s stock worth $53,652,000 after acquiring an additional 81,527 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.48 during trading on Thursday, hitting $81.12. The company’s stock had a trading volume of 2,082,391 shares, compared to its average volume of 3,702,123. The company has a fifty day simple moving average of $83.08 and a two-hundred day simple moving average of $76.49. The company has a market capitalization of $42.57 billion, a PE ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 52 week low of $63.10 and a 52 week high of $85.56.

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.