Kapstone Financial Advisors LLC Has $2.13 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kapstone Financial Advisors LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,109 shares of the company’s stock after buying an additional 182 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.7% of Kapstone Financial Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Kapstone Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,131,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IVW. DAVENPORT & Co LLC raised its position in shares of iShares S&P 500 Growth ETF by 66.0% during the third quarter. DAVENPORT & Co LLC now owns 11,746 shares of the company’s stock worth $804,000 after purchasing an additional 4,672 shares during the period. Asset Management One Co. Ltd. raised its position in shares of iShares S&P 500 Growth ETF by 42.6% during the third quarter. Asset Management One Co. Ltd. now owns 156,300 shares of the company’s stock worth $10,694,000 after purchasing an additional 46,700 shares during the period. U.S. Capital Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 116.6% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 8,890 shares of the company’s stock worth $608,000 after purchasing an additional 4,786 shares during the period. TNF LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $2,745,000. Finally, Lantz Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $735,000.

iShares S&P 500 Growth ETF Trading Up 1.9 %

iShares S&P 500 Growth ETF stock traded up $1.56 during trading on Friday, hitting $82.53. 1,811,103 shares of the company were exchanged, compared to its average volume of 3,597,853. The business’s 50 day moving average is $83.03 and its 200 day moving average is $77.08. iShares S&P 500 Growth ETF has a 52 week low of $63.19 and a 52 week high of $85.56. The company has a market capitalization of $43.10 billion, a P/E ratio of 27.41 and a beta of 1.12.

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.