Savvy Advisors Inc. Increases Stake in iShares S&P 500 Growth ETF $IVW

Savvy Advisors Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,825 shares of the company’s stock after purchasing an additional 5,212 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,169,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of IVW. ETF Portfolio Partners Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 8.3% in the fourth quarter. ETF Portfolio Partners Inc. now owns 19,668 shares of the company’s stock worth $2,424,000 after buying an additional 1,507 shares in the last quarter. Stratos Wealth Partners LTD. boosted its position in iShares S&P 500 Growth ETF by 2.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 413,008 shares of the company’s stock worth $50,907,000 after acquiring an additional 10,366 shares during the last quarter. Arvest Investments Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $9,485,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in iShares S&P 500 Growth ETF by 6.9% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,986 shares of the company’s stock valued at $3,696,000 after acquiring an additional 1,948 shares in the last quarter. Finally, Coign Capital Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 2.2% in the 4th quarter. Coign Capital Advisors LLC now owns 25,830 shares of the company’s stock valued at $3,184,000 after acquiring an additional 544 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $114.66 on Friday. The firm has a market capitalization of $61.76 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The company’s 50 day simple moving average is $118.88 and its two-hundred day simple moving average is $121.18. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-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.