Client 1ST Advisory Group LLC Invests $2.84 Million in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Client 1ST Advisory Group LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 27,939 shares of the company’s stock, valued at approximately $2,837,000. iShares S&P 500 Growth ETF makes up approximately 1.1% of Client 1ST Advisory Group LLC’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors have also added to or reduced their stakes in the company. Davis Capital Management raised its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the period. Element Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares in the last quarter. Valued Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at $64,000. Finally, ORG Wealth Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $66,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $103.83 on Monday. iShares S&P 500 Growth ETF has a one year low of $75.62 and a one year high of $105.64. The company has a market cap of $54.40 billion, a PE ratio of 28.52 and a beta of 1.14. The firm has a 50-day moving average of $102.15 and a 200-day moving average of $96.71.

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.