Cornerstone Wealth Group LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cornerstone Wealth Group LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 13,039 shares of the company’s stock after acquiring an additional 191 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,248,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fiducient Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 2.5% in the 3rd quarter. Fiducient Advisors LLC now owns 15,618 shares of the company’s stock valued at $1,495,000 after acquiring an additional 381 shares during the period. JFS Wealth Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 4.5% in the 3rd quarter. JFS Wealth Advisors LLC now owns 176,069 shares of the company’s stock valued at $16,859,000 after acquiring an additional 7,620 shares during the period. Diversify Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF by 64.0% in the 3rd quarter. Diversify Wealth Management LLC now owns 4,462 shares of the company’s stock valued at $430,000 after acquiring an additional 1,741 shares during the period. Evermay Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF by 22.5% in the 3rd quarter. Evermay Wealth Management LLC now owns 1,998 shares of the company’s stock valued at $191,000 after acquiring an additional 367 shares during the period. Finally, Twin Peaks Wealth Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 14.2% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 48,103 shares of the company’s stock valued at $4,606,000 after acquiring an additional 5,987 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $97.95 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $66.08 and a 52-week high of $98.68. The stock’s 50-day simple moving average is $94.61 and its 200 day simple moving average is $90.88. The stock has a market capitalization of $51.31 billion, a P/E ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.