Fortis Capital Advisors LLC Grows Holdings in iShares S&P 500 Growth ETF $IVW

Fortis Capital Advisors LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 18,152 shares of the company’s stock after purchasing an additional 6,732 shares during the period. Fortis Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,191,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Clark Financial Services Group Inc. BD grew its holdings in shares of iShares S&P 500 Growth ETF by 38.7% in the third quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock valued at $13,161,000 after acquiring an additional 30,407 shares in the last quarter. Formulate Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $5,727,000. Vanguard Personalized Indexing Management LLC boosted its position in iShares S&P 500 Growth ETF by 8.0% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 16,520 shares of the company’s stock worth $1,994,000 after purchasing an additional 1,222 shares during the last quarter. Sovran Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 9.1% in the 3rd quarter. Sovran Advisors LLC now owns 122,395 shares of the company’s stock valued at $15,226,000 after purchasing an additional 10,177 shares during the period. Finally, Liberty Wealth Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.7% during the 3rd quarter. Liberty Wealth Management LLC now owns 257,637 shares of the company’s stock valued at $31,102,000 after purchasing an additional 6,867 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $124.31 on Tuesday. The business’s fifty day moving average is $123.12 and its 200-day moving average is $119.80. The stock has a market capitalization of $66.64 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $126.61.

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.