Fortis Capital Advisors LLC Purchases 6,967 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fortis Capital Advisors LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 64.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,799 shares of the company’s stock after buying an additional 6,967 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Fortis Capital Advisors LLC’s holdings, making the stock its 26th biggest holding. Fortis Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Watershed Private Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 3.6% in the fourth quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock valued at $3,963,000 after acquiring an additional 1,820 shares during the period. TSA Wealth Managment LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $3,960,000. Gordian Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $299,000. Foundations Investment Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 9.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 676,020 shares of the company’s stock worth $53,027,000 after buying an additional 58,816 shares in the last quarter. Finally, Krilogy Financial LLC lifted its position in shares of iShares S&P 500 Growth ETF by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 25,870 shares of the company’s stock worth $2,184,000 after buying an additional 792 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $90.38 on Wednesday. The stock’s fifty day simple moving average is $92.15 and its 200 day simple moving average is $87.59. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22. The firm has a market cap of $47.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.