M Holdings Securities Inc. Buys Shares of 27,742 iShares S&P 500 Growth ETF $IVW

M Holdings Securities Inc. bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 27,742 shares of the company’s stock, valued at approximately $3,419,000.

Other large investors have also recently bought and sold shares of the company. Atria Investments Inc lifted its stake 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. Brookstone Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after purchasing an additional 12,778 shares during the period. Ameritas Advisory Services LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 40.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 97,539 shares of the company’s stock worth $11,775,000 after purchasing an additional 28,137 shares during the period. Capital Advantage Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock worth $3,143,000 after purchasing an additional 7,396 shares during the period. Finally, Meridian Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 75.0% during the 3rd quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock worth $5,040,000 after purchasing an additional 17,896 shares during the period.

iShares S&P 500 Growth ETF Trading Down 2.3%

Shares of IVW opened at $131.55 on Thursday. The firm has a market capitalization of $71.29 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $130.56 and its 200 day simple moving average is $124.58. iShares S&P 500 Growth ETF has a twelve month low of $104.21 and a twelve month 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.