Atlantic Family Wealth LLC Makes New $6.30 Million Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Atlantic Family Wealth LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,053 shares of the company’s stock, valued at approximately $6,300,000. iShares S&P 500 Growth ETF makes up approximately 7.5% of Atlantic Family Wealth LLC’s portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also added to or reduced their stakes in IVW. MONECO Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.2% in the fourth quarter. MONECO Advisors LLC now owns 10,303 shares of the company’s stock worth $1,046,000 after purchasing an additional 123 shares during the last quarter. Forvis Mazars Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 292,050 shares of the company’s stock worth $29,652,000 after purchasing an additional 1,242 shares during the last quarter. Lansing Street Advisors raised its stake in shares of iShares S&P 500 Growth ETF by 20.7% in the fourth quarter. Lansing Street Advisors now owns 88,376 shares of the company’s stock worth $8,973,000 after purchasing an additional 15,153 shares during the last quarter. WESPAC Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 3.7% in the fourth quarter. WESPAC Advisors LLC now owns 20,624 shares of the company’s stock worth $2,094,000 after purchasing an additional 730 shares during the last quarter. Finally, Theory Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.2% in the fourth quarter. Theory Financial LLC now owns 46,595 shares of the company’s stock worth $4,731,000 after purchasing an additional 565 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.4 %

Shares of NYSEARCA:IVW opened at $103.43 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The stock has a market cap of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The business has a 50-day moving average price of $104.04 and a 200-day moving average price of $98.94.

About iShares S&P 500 Growth ETF

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.