Pacific Point Advisors LLC Takes $961,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pacific Point Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,200 shares of the company’s stock, valued at approximately $961,000.

Other institutional investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its position in iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares in the last quarter. Advyzon Investment Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $420,000. Inlight Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $211,000. Encompass Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after purchasing an additional 7,349 shares in the last quarter. Finally, Amundi increased its position in iShares S&P 500 Growth ETF by 464.0% during the 4th quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after purchasing an additional 11,280 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $102.19 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $107.14. The company has a 50 day simple moving average of $94.14 and a 200 day simple moving average of $99.30. The stock has a market cap of $55.79 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12.

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.