Financial & Tax Architects LLC Buys New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial & Tax Architects LLC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,456 shares of the company’s stock, valued at approximately $859,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Trust Co. of Vermont boosted its holdings in iShares S&P 500 Growth ETF by 22.2% during the 4th quarter. Trust Co. of Vermont now owns 3,241 shares of the company’s stock valued at $329,000 after acquiring an additional 588 shares during the period. Sanibel Captiva Trust Company Inc. boosted its holdings in iShares S&P 500 Growth ETF by 1.6% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock valued at $711,000 after acquiring an additional 109 shares during the period. Integrated Investment Consultants LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. Integrated Investment Consultants LLC now owns 14,932 shares of the company’s stock valued at $1,516,000 after buying an additional 411 shares during the period. Arkadios Wealth Advisors boosted its stake in shares of iShares S&P 500 Growth ETF by 14.4% in the 4th quarter. Arkadios Wealth Advisors now owns 75,741 shares of the company’s stock valued at $7,690,000 after buying an additional 9,515 shares during the period. Finally, Dominguez Wealth Management Solutions Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.8% in the 4th quarter. Dominguez Wealth Management Solutions Inc. now owns 15,785 shares of the company’s stock valued at $1,603,000 after buying an additional 423 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded up $1.33 during midday trading on Friday, hitting $103.83. The company had a trading volume of 1,282,369 shares, compared to its average volume of 1,849,724. The company’s 50-day simple moving average is $102.10 and its 200-day simple moving average is $96.62. The firm has a market capitalization of $54.40 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 $75.62 and a 1 year high of $105.64.

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.