Foundations Investment Advisors LLC Purchases 14,896 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Foundations Investment Advisors LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.0% during the fourth quarter, Holdings Channel reports. The fund owned 1,444,022 shares of the company’s stock after purchasing an additional 14,896 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 2.8% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its largest position. Foundations Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $146,612,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Davis Capital Management increased its stake in 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 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 buying an additional 137 shares during the period. Valued Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the period. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $66,000.

iShares S&P 500 Growth ETF Trading Down 3.7 %

iShares S&P 500 Growth ETF stock opened at $102.73 on Monday. The stock has a market cap of $53.82 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s 50-day moving average price is $102.67 and its two-hundred day moving average price is $97.06. iShares S&P 500 Growth ETF has a 52 week low of $77.20 and a 52 week high of $107.14.

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.