Wescott Financial Advisory Group LLC Acquires 5,409 Shares of iShares S&P 500 Growth ETF $IVW

Wescott Financial Advisory Group LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 93,077 shares of the company’s stock after buying an additional 5,409 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 23rd largest position. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,473,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. LPL Financial LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares in the last quarter. UBS Group AG raised its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after purchasing an additional 52,514 shares during the last quarter. Lido Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 4.1% in the fourth quarter. Lido Advisors LLC now owns 3,788,440 shares of the company’s stock valued at $459,649,000 after purchasing an additional 148,991 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 4.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,698,611 shares of the company’s stock valued at $455,891,000 after purchasing an additional 147,279 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $134.50 on Friday. The firm has a 50-day moving average of $130.99 and a 200-day moving average of $124.69. The company has a market cap of $72.89 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $104.21 and a one year high of $141.98.

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.