Wealthspire Advisors LLC Grows Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Wealthspire Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 139,283 shares of the company’s stock after purchasing an additional 7,095 shares during the period. Wealthspire Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,460,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IVW. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. Goodwin Investment Advisory purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $29,000. Life Planning Partners Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $32,000. Howe & Rusling Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after buying an additional 489 shares during the period. Finally, Capital Investment Counsel Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth about $42,000.

iShares S&P 500 Growth ETF Stock Up 0.3 %

Shares of IVW traded up $0.26 during trading hours on Thursday, hitting $84.69. The company had a trading volume of 1,280,114 shares, compared to its average volume of 3,418,485. The firm has a market cap of $44.23 billion, a P/E ratio of 27.41 and a beta of 1.12. The stock’s 50 day moving average price is $83.23 and its 200 day moving average price is $77.82. iShares S&P 500 Growth ETF has a 52-week low of $64.24 and a 52-week high of $85.56.

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.