iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Financial Perspectives Inc’s 9th Largest Position

Financial Perspectives Inc boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,929 shares of the company’s stock after buying an additional 2,209 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.8% of Financial Perspectives Inc’s holdings, making the stock its 9th biggest position. Financial Perspectives Inc’s holdings in iShares S&P 500 Growth ETF were worth $6,829,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of IVW. Ritholtz Wealth Management raised its position in iShares S&P 500 Growth ETF by 6.3% in the 3rd quarter. Ritholtz Wealth Management now owns 4,261 shares of the company’s stock worth $292,000 after buying an additional 253 shares during the last quarter. Arkadios Wealth Advisors bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $208,000. Capital Investment Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $461,000. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares S&P 500 Growth ETF by 5.1% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 3,668 shares of the company’s stock valued at $251,000 after purchasing an additional 178 shares during the period. Finally, DAVENPORT & Co LLC grew its stake in shares of iShares S&P 500 Growth ETF by 66.0% during the 3rd quarter. DAVENPORT & Co LLC now owns 11,746 shares of the company’s stock valued at $804,000 after purchasing an additional 4,672 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.6 %

Shares of iShares S&P 500 Growth ETF stock traded up $1.28 during trading hours on Tuesday, reaching $81.40. 2,278,358 shares of the stock traded hands, compared to its average volume of 3,659,205. The company has a 50 day moving average price of $82.99 and a 200 day moving average price of $76.79. The firm has a market capitalization of $42.71 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a one year low of $63.10 and a one year high of $85.56.

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.