Financial Life Advisors Grows Stock Position in iShares S&P 500 Growth ETF $IVW

Financial Life Advisors grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 361,009 shares of the company’s stock after purchasing an additional 5,353 shares during the quarter. iShares S&P 500 Growth ETF makes up about 12.7% of Financial Life Advisors’ investment portfolio, making the stock its largest holding. Financial Life Advisors’ holdings in iShares S&P 500 Growth ETF were worth $40,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Richmond Investment Services LLC raised its position in shares of iShares S&P 500 Growth ETF by 13.2% during the 1st quarter. Richmond Investment Services LLC now owns 18,536 shares of the company’s stock valued at $2,097,000 after purchasing an additional 2,166 shares during the period. Axxcess Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 5.7% in the 1st quarter. Axxcess Wealth Management LLC now owns 15,295 shares of the company’s stock worth $1,730,000 after buying an additional 825 shares during the period. Childress Capital Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 61.4% in the 1st quarter. Childress Capital Advisors LLC now owns 7,588 shares of the company’s stock worth $858,000 after buying an additional 2,886 shares during the period. Horst & Graben Wealth Management LLC increased its stake in iShares S&P 500 Growth ETF by 4.1% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 262,431 shares of the company’s stock worth $29,684,000 after buying an additional 10,352 shares in the last quarter. Finally, Evergreen Private Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 7.7% in the 1st quarter. Evergreen Private Wealth LLC now owns 7,045 shares of the company’s stock worth $797,000 after buying an additional 506 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.8%

NYSEARCA:IVW opened at $136.06 on Wednesday. The business’s 50-day simple moving average is $135.84 and its two-hundred day simple moving average is $126.32. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98. The stock has a market cap of $74.15 billion, a PE 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.