IFG Advisory LLC Buys 5,967 Shares of iShares S&P 500 Growth ETF $IVW

IFG Advisory LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 110,868 shares of the company’s stock after buying an additional 5,967 shares during the quarter. IFG Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $15,772,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Bellwether Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 1.1% during the third quarter. Bellwether Advisors LLC now owns 20,450 shares of the company’s stock worth $2,909,000 after acquiring an additional 220 shares during the period. Croban raised its position in iShares S&P 500 Growth ETF by 1.7% during the third quarter. Croban now owns 51,387 shares of the company’s stock valued at $7,310,000 after acquiring an additional 849 shares in the last quarter. Drive Wealth Management LLC raised its position in iShares S&P 500 Growth ETF by 25.7% during the third quarter. Drive Wealth Management LLC now owns 3,581 shares of the company’s stock valued at $509,000 after acquiring an additional 732 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in iShares S&P 500 Growth ETF by 61.3% in the third quarter. Moors & Cabot Inc. now owns 10,968 shares of the company’s stock valued at $1,560,000 after acquiring an additional 4,168 shares during the period. Finally, Money Concepts Capital Corp lifted its holdings in iShares S&P 500 Growth ETF by 50.2% in the third quarter. Money Concepts Capital Corp now owns 6,600 shares of the company’s stock valued at $939,000 after acquiring an additional 2,207 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW traded down $1.22 during trading hours on Friday, reaching $132.60. The company had a trading volume of 1,219,293 shares, compared to its average volume of 2,953,488. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The business’s 50 day moving average price is $139.37 and its 200-day moving average price is $132.33. The firm has a market cap of $73.30 billion, a PE ratio of 24.96 and a beta of 1.17.

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.