Advisor Resource Council Takes $288,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Advisor Resource Council purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, Holdings Channel reports. The firm purchased 3,012 shares of the company’s stock, valued at approximately $288,000.

Several other large investors have also modified their holdings of IVW. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $226,000. FineMark National Bank & Trust raised its holdings in shares of iShares S&P 500 Growth ETF by 4.8% in the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after buying an additional 3,279 shares during the last quarter. Choreo LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 13.8% during the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after buying an additional 61,420 shares during the period. Adaptive Financial Consulting LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 1.2% during the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock worth $18,126,000 after buying an additional 2,383 shares during the last quarter. Finally, MainStreet Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 21.2% during the second quarter. MainStreet Investment Advisors LLC now owns 5,037 shares of the company’s stock worth $466,000 after buying an additional 880 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.6 %

IVW opened at $100.83 on Friday. The business has a 50 day moving average price of $94.94 and a two-hundred day moving average price of $91.41. iShares S&P 500 Growth ETF has a 52 week low of $69.67 and a 52 week high of $100.97. The company has a market cap of $52.82 billion, a PE ratio of 28.52 and a beta of 1.14.

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.