iShares S&P 500 Growth ETF $IVW is Forthright Family Wealth Advisory LLC’s 3rd Largest Position

Forthright Family Wealth Advisory LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 97,332 shares of the company’s stock after selling 12,671 shares during the quarter. iShares S&P 500 Growth ETF makes up about 7.2% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 3rd largest position. Forthright Family Wealth Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,750,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Ameriprise Financial Inc. lifted its stake in iShares S&P 500 Growth ETF by 6.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after purchasing an additional 547,663 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares S&P 500 Growth ETF by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 5,568,243 shares of the company’s stock valued at $613,064,000 after purchasing an additional 76,455 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.9% in the second quarter. Commonwealth Equity Services LLC now owns 3,599,847 shares of the company’s stock worth $396,343,000 after purchasing an additional 66,596 shares during the last quarter. Lido Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 6.4% in the second quarter. Lido Advisors LLC now owns 3,418,138 shares of the company’s stock worth $376,337,000 after buying an additional 205,322 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in iShares S&P 500 Growth ETF by 0.4% during the second quarter. MML Investors Services LLC now owns 3,333,902 shares of the company’s stock valued at $367,063,000 after buying an additional 13,849 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $123.89 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The business has a 50 day simple moving average of $123.62 and a two-hundred day simple moving average of $120.13. The stock has a market capitalization of $66.41 billion, a PE ratio of 33.33 and a beta of 1.11.

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.