SGL Investment Advisors Inc. Increases Position in iShares S&P 500 Growth ETF $IVW

SGL Investment Advisors Inc. increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 67,717 shares of the company’s stock after acquiring an additional 9,451 shares during the quarter. iShares S&P 500 Growth ETF comprises about 3.2% of SGL Investment Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. SGL Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $8,009,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Atria Investments Inc increased its holdings in shares of iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after purchasing an additional 19,917 shares during the period. Clark Financial Services Group Inc. BD increased its holdings in shares of iShares S&P 500 Growth ETF by 38.7% during the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock worth $13,161,000 after purchasing an additional 30,407 shares during the period. Fortis Capital Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 58.9% during the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock worth $2,191,000 after purchasing an additional 6,732 shares during the period. AE Wealth Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 4.1% during the 3rd quarter. AE Wealth Management LLC now owns 693,299 shares of the company’s stock worth $83,695,000 after purchasing an additional 27,282 shares during the period. Finally, Flagship Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 27.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 49,539 shares of the company’s stock worth $5,980,000 after purchasing an additional 10,534 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $136.62 on Friday. The firm’s 50-day moving average is $124.60 and its 200-day moving average is $123.10. iShares S&P 500 Growth ETF has a 52-week low of $100.76 and a 52-week high of $139.10. The company has a market cap of $74.04 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Company 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.