Fonville Wealth Management LLC Acquires Shares of 28,541 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fonville Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 28,541 shares of the company’s stock, valued at approximately $2,143,000.

A number of other hedge funds have also bought and sold shares of the company. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. Goodwin Investment Advisory bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $29,000. Russell Investments Group Ltd. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $30,000. Life Planning Partners Inc bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $32,000. Finally, Howe & Rusling Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.6 %

NYSEARCA:IVW traded down $0.48 during mid-day trading on Thursday, reaching $81.12. The company’s stock had a trading volume of 2,082,391 shares, compared to its average volume of 3,702,123. iShares S&P 500 Growth ETF has a 1 year low of $63.10 and a 1 year high of $85.56. The stock has a fifty day moving average of $83.08 and a 200-day moving average of $76.49. The firm has a market capitalization of $42.57 billion, a PE ratio of 28.34 and a beta of 1.10.

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.