Net Worth Advisory Group Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Net Worth Advisory Group acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, HoldingsChannel reports. The fund acquired 10,759 shares of the company’s stock, valued at approximately $1,030,000.

A number of other large investors have also recently made changes to their positions in IVW. CarsonAllaria Wealth Management Ltd. raised its stake in iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares during the period. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC raised its position in shares of iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the period. Finally, Davis Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $97.52 on Friday. The business has a 50 day simple moving average of $93.72 and a two-hundred day simple moving average of $90.08. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $98.05. The company has a market capitalization of $51.09 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.