iShares S&P 500 Growth ETF $IVW Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 31.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 386,527 shares of the company’s stock after buying an additional 93,161 shares during the quarter. Farther Finance Advisors LLC owned 0.07% of iShares S&P 500 Growth ETF worth $47,643,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IVW. Davis Capital Management acquired a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $28,000. Turning Point Benefit Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF in the second quarter worth approximately $30,000. Howe & Rusling Inc. grew its position in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after buying an additional 213 shares during the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $36,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $124.69 on Wednesday. The firm has a market cap of $67.20 billion, a price-to-earnings ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 1 year low of $84.89 and a 1 year high of $126.61. The firm’s 50 day moving average price is $118.22 and its two-hundred day moving average price is $121.17.

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. 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.