Gilliland Jeter Wealth Management LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gilliland Jeter Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 28.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,642 shares of the company’s stock after purchasing an additional 1,253 shares during the period. Gilliland Jeter Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $573,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Fairvoy Private Wealth LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $2,357,000. Strategic Financial Concepts LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after purchasing an additional 421,703 shares during the last quarter. Encompass Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock valued at $37,319,000 after purchasing an additional 7,349 shares during the last quarter. 1900 Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.9% during the 4th quarter. 1900 Wealth Management LLC now owns 3,040 shares of the company’s stock valued at $309,000 after purchasing an additional 143 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 20.9% in the 4th quarter. Financial Synergies Wealth Advisors Inc. now owns 4,439 shares of the company’s stock valued at $451,000 after acquiring an additional 768 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.8 %

Shares of NYSEARCA:IVW opened at $105.68 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company has a 50-day moving average price of $103.37 and a 200 day moving average price of $97.57. The company has a market cap of $55.37 billion, a price-to-earnings 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.