Diversify Advisory Services LLC Has $7.58 Million Stake in iShares S&P 500 Growth ETF $IVW

Diversify Advisory Services LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 85.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,450 shares of the company’s stock after acquiring an additional 27,794 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,579,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Little House Capital LLC increased its stake in iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock worth $482,000 after purchasing an additional 80 shares in the last quarter. Wingate Wealth Advisors Inc. lifted its stake in iShares S&P 500 Growth ETF by 3.5% in the third quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock valued at $300,000 after buying an additional 83 shares in the last quarter. Smith Moore & CO. boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.9% in the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after buying an additional 85 shares during the period. Frazier Financial Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 11.4% in the third quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock valued at $102,000 after buying an additional 86 shares during the period. Finally, Baker Tilly Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.9% in the third quarter. Baker Tilly Wealth Management LLC now owns 4,745 shares of the company’s stock valued at $573,000 after buying an additional 88 shares during the period.

iShares S&P 500 Growth ETF Stock Down 1.6%

Shares of IVW stock opened at $117.92 on Monday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The firm has a fifty day moving average of $122.15 and a 200-day moving average of $121.33. The company has a market capitalization of $63.30 billion, a price-to-earnings 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.