Elevated Financial Group LLC Grows Holdings in iShares S&P 500 Growth ETF $IVW

Elevated Financial Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 188,701 shares of the company’s stock after buying an additional 13,660 shares during the period. iShares S&P 500 Growth ETF makes up approximately 7.1% of Elevated Financial Group LLC’s holdings, making the stock its 5th largest holding. Elevated Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $25,952,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Decker Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at $2,991,000. Chatterton & Associates Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 33.5% during the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after purchasing an additional 11,089 shares during the last quarter. West Wealth Group LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.4% during the fourth quarter. West Wealth Group LLC now owns 439,568 shares of the company’s stock worth $54,181,000 after purchasing an additional 18,499 shares during the last quarter. Pinkerton Wealth LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 4.3% during the fourth quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock valued at $26,514,000 after purchasing an additional 8,870 shares during the period. Finally, Kingswood Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 72.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 41,924 shares of the company’s stock valued at $5,168,000 after purchasing an additional 17,546 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.7%

NYSEARCA IVW opened at $142.54 on Friday. The stock has a market cap of $77.82 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The company’s 50-day moving average price is $136.39 and its 200-day moving average price is $128.86.

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.