28,974 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Acquired by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 28,974 shares of the company’s stock, valued at approximately $2,942,000. iShares S&P 500 Growth ETF accounts for approximately 1.7% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC lifted its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after acquiring an additional 255,991 shares during the period. Stifel Financial Corp grew its stake in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after acquiring an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after acquiring an additional 148,960 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $456,880,000. Finally, Park Avenue Securities LLC grew its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after acquiring an additional 15,623 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $94.82 on Monday. The firm has a market cap of $52.36 billion, a P/E ratio of 30.05 and a beta of 1.08. The firm has a 50-day moving average of $102.27 and a 200 day moving average of $99.63. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.