Polaris Investment Advisors LLC Invests $9.65 Million in iShares S&P 500 Growth ETF $IVW

Polaris Investment Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 78,314 shares of the company’s stock, valued at approximately $9,653,000. iShares S&P 500 Growth ETF accounts for about 7.0% of Polaris Investment Advisors LLC’s holdings, making the stock its 2nd largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in IVW. Little House Capital LLC increased its position in iShares S&P 500 Growth ETF by 2.0% during the 3rd quarter. Little House Capital LLC now owns 3,993 shares of the company’s stock valued at $482,000 after purchasing an additional 80 shares during the period. Wingate Wealth Advisors Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 3.5% in the 3rd quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock worth $300,000 after purchasing an additional 83 shares during the period. Smith Moore & CO. boosted its stake in shares of iShares S&P 500 Growth ETF by 2.9% during the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after purchasing an additional 85 shares in the last quarter. Frazier Financial Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 11.4% during the third quarter. Frazier Financial Advisors LLC now owns 843 shares of the company’s stock valued at $102,000 after purchasing an additional 86 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management increased its holdings in iShares S&P 500 Growth ETF by 0.7% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after buying an additional 86 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.8%

Shares of NYSEARCA:IVW opened at $108.71 on Tuesday. The company has a market capitalization of $58.36 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm has a 50 day moving average of $119.53 and a 200 day moving average of $121.35.

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.