Acorn Wealth Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Acorn Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,067 shares of the company’s stock, valued at approximately $491,000.

Several other hedge funds also recently modified their holdings of the business. Wingate Wealth Advisors Inc. raised its stake in iShares S&P 500 Growth ETF by 3.5% during the 3rd quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock valued at $300,000 after purchasing an additional 83 shares during the last quarter. Baker Tilly Wealth Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.9% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,745 shares of the company’s stock worth $573,000 after purchasing an additional 88 shares during the period. Comprehensive Financial Planning Inc. PA raised its position in shares of 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 valued at $1,870,000 after buying an additional 90 shares during the last quarter. Dominguez Wealth Management Solutions Inc. raised its position in shares of iShares S&P 500 Growth ETF by 0.6% during 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. Finally, Moneywise Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 1.0% in the third quarter. Moneywise Inc. now owns 9,094 shares of the company’s stock valued at $1,098,000 after buying an additional 92 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.4%

IVW stock opened at $123.52 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 company has a market cap of $66.28 billion, a PE ratio of 33.33 and a beta of 1.11. The business’s 50-day simple moving average is $123.03 and its 200 day simple moving average is $119.58.

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.