NWF Advisory Services Inc. Acquires 15,579 Shares of iShares S&P 500 Growth ETF $IVW

NWF Advisory Services Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 221.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 22,601 shares of the company’s stock after purchasing an additional 15,579 shares during the period. NWF Advisory Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,108,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Investors Research Corp grew its stake in shares of iShares S&P 500 Growth ETF by 1.4% in the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after buying an additional 75 shares during the last quarter. Cooper Financial Group raised its stake in iShares S&P 500 Growth ETF by 0.7% during the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock valued at $1,494,000 after buying an additional 80 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF by 0.4% during the second quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock valued at $2,545,000 after buying an additional 80 shares during the last quarter. Proactive Wealth Strategies LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares in the last quarter. Finally, Ignite Planners LLC grew its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after acquiring an additional 88 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.3%

NYSEARCA IVW opened at $140.74 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The stock’s fifty day moving average price is $137.64 and its 200-day moving average price is $130.68. The stock has a market cap of $76.84 billion, a P/E ratio of 33.33 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.