MA Private Wealth Acquires 106,082 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

MA Private Wealth boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 50.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 317,872 shares of the company’s stock after acquiring an additional 106,082 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 5.7% of MA Private Wealth’s investment portfolio, making the stock its 5th largest holding. MA Private Wealth owned 0.06% of iShares S&P 500 Growth ETF worth $30,436,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Foster Victor Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $226,000. FineMark National Bank & Trust lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.8% during the 2nd 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. BKM Wealth Management LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.3% during the 1st quarter. BKM Wealth Management LLC now owns 104,775 shares of the company’s stock valued at $8,847,000 after buying an additional 2,375 shares during the last quarter. Pettinga Financial Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 189.0% in the 1st quarter. Pettinga Financial Advisors LLC now owns 222,982 shares of the company’s stock valued at $18,829,000 after buying an additional 145,836 shares in the last quarter. Finally, Adaptive Financial Consulting LLC increased its holdings in iShares S&P 500 Growth ETF by 1.2% in 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.

iShares S&P 500 Growth ETF Price Performance

IVW traded up $1.01 during midday trading on Friday, hitting $98.08. 97,739 shares of the company’s stock traded hands, compared to its average volume of 2,932,647. The company has a market cap of $51.38 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $98.27. The stock’s fifty day simple moving average is $94.18 and its 200-day simple moving average is $90.40.

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.