iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Lifted by LGT Financial Advisors LLC

LGT Financial Advisors LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.7% in the third quarter, Holdings Channel.com reports. The firm owned 9,149 shares of the company’s stock after purchasing an additional 578 shares during the period. iShares S&P 500 Growth ETF accounts for 2.2% of LGT Financial Advisors LLC’s investment portfolio, making the stock its 8th largest holding. LGT Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $876,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Foster Victor Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $226,000. FineMark National Bank & Trust grew its position in iShares S&P 500 Growth ETF by 4.8% during the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after acquiring an additional 3,279 shares during the period. Choreo LLC increased its stake in iShares S&P 500 Growth ETF by 13.8% during the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after acquiring an additional 61,420 shares during the last quarter. Adaptive Financial Consulting LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock worth $18,126,000 after purchasing an additional 2,383 shares during the period. Finally, MainStreet Investment Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 21.2% in the 2nd quarter. MainStreet Investment Advisors LLC now owns 5,037 shares of the company’s stock valued at $466,000 after purchasing an additional 880 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $99.29 on Thursday. The stock has a 50-day simple moving average of $94.94 and a 200-day simple moving average of $91.41. The stock has a market capitalization of $52.02 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $69.48 and a 1 year high of $99.44.

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.