iShares S&P 500 Growth ETF $IVW Shares Newly Acquired by Arrow Investment Advisors LLC

Arrow Investment Advisors LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 32,929 shares of the company’s stock, valued at approximately $4,684,000. iShares S&P 500 Growth ETF comprises about 4.1% of Arrow Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of the business. Financial Council LLC grew its position in iShares S&P 500 Growth ETF by 18.8% during the third quarter. Financial Council LLC now owns 3,045 shares of the company’s stock worth $433,000 after buying an additional 481 shares in the last quarter. Kestra Advisory Services LLC raised its stake in iShares S&P 500 Growth ETF by 17.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 1,011,319 shares of the company’s stock worth $143,870,000 after buying an additional 149,886 shares during the period. Gutierrez Wealth Advisory LLC increased its holdings in iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Gutierrez Wealth Advisory LLC now owns 4,824 shares of the company’s stock worth $686,000 after purchasing an additional 96 shares in the last quarter. Quest 10 Wealth Builders Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 6.4% during the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 2,133 shares of the company’s stock worth $303,000 after buying an additional 128 shares in the last quarter. Finally, Sageworth Trust Co increased its stake in shares of iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Sageworth Trust Co now owns 13,095 shares of the company’s stock worth $1,863,000 after purchasing an additional 95 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.9%

Shares of iShares S&P 500 Growth ETF stock opened at $129.63 on Friday. The firm has a market capitalization of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $146.83. The business’s 50-day moving average price is $140.00 and its 200-day moving average price is $132.10.

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.