Brookstone Capital Management Increases Stock Holdings in iShares S&P 500 Growth ETF $IVW

Brookstone Capital Management raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 224,389 shares of the company’s stock after purchasing an additional 9,499 shares during the period. Brookstone Capital Management’s holdings in iShares S&P 500 Growth ETF were worth $27,088,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Baker Tilly Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.9% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,745 shares of the company’s stock valued at $573,000 after purchasing an additional 88 shares in the last quarter. Comprehensive Financial Planning Inc. PA raised its stake in iShares S&P 500 Growth ETF by 0.5% during the second quarter. Comprehensive Financial Planning Inc. PA now owns 16,981 shares of the company’s stock worth $1,870,000 after acquiring an additional 90 shares during the period. Dominguez Wealth Management Solutions Inc. lifted its stake in iShares S&P 500 Growth ETF by 0.6% in the third quarter. Dominguez Wealth Management Solutions Inc. now owns 16,204 shares of the company’s stock valued at $1,956,000 after buying an additional 90 shares during the last quarter. Berger Financial Group Inc grew its position in iShares S&P 500 Growth ETF by 1.6% in the 3rd quarter. Berger Financial Group Inc now owns 5,954 shares of the company’s stock worth $719,000 after purchasing an additional 93 shares during the last quarter. Finally, LongView Wealth Management boosted its position in iShares S&P 500 Growth ETF by 0.9% during the 2nd quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock worth $1,190,000 after acquiring an additional 94 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $125.00 on Thursday. The business’s fifty day moving average is $122.59 and its 200-day moving average is $117.14. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The stock has a market cap of $67.86 billion, a PE ratio of 33.33 and a beta of 1.11.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.