Flagship Wealth Advisors LLC Raises Stake in iShares S&P 500 Growth ETF $IVW

Flagship Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 27.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,539 shares of the company’s stock after buying an additional 10,534 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 2.0% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 14th largest holding. Flagship Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IVW. U.S. Capital Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 5.5% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 10,405 shares of the company’s stock worth $1,146,000 after acquiring an additional 543 shares in the last quarter. GAMMA Investing LLC grew its holdings in iShares S&P 500 Growth ETF by 22.0% in the second quarter. GAMMA Investing LLC now owns 6,889 shares of the company’s stock valued at $758,000 after purchasing an additional 1,242 shares during the period. Foster Victor Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $203,000. Genesis Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 8.8% during the 2nd quarter. Genesis Wealth Advisors LLC now owns 5,162 shares of the company’s stock worth $568,000 after buying an additional 418 shares during the period. Finally, Beacon Investment Advisory Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $210,000.

iShares S&P 500 Growth ETF Trading Up 0.8%

Shares of iShares S&P 500 Growth ETF stock opened at $123.00 on Friday. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The firm has a market capitalization of $66.11 billion, a PE ratio of 33.33 and a beta of 1.11. The firm’s 50-day moving average price is $122.98 and its 200 day moving average price is $119.49.

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.