J.W. Cole Advisors Inc. Grows Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

J.W. Cole Advisors Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 239,799 shares of the company’s stock after buying an additional 10,223 shares during the period. iShares S&P 500 Growth ETF comprises about 1.1% of J.W. Cole Advisors Inc.’s portfolio, making the stock its 10th biggest position. J.W. Cole Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $18,009,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Wetzel Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $63,000. Institute for Wealth Management LLC. lifted its stake in shares of iShares S&P 500 Growth ETF by 11.1% in the 4th quarter. Institute for Wealth Management LLC. now owns 29,557 shares of the company’s stock valued at $2,220,000 after purchasing an additional 2,965 shares during the period. HTLF Bank acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $269,000. Fonville Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $2,143,000. Finally, Western Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2.5% in the 4th quarter. Western Wealth Management LLC now owns 235,158 shares of the company’s stock valued at $17,660,000 after purchasing an additional 5,675 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded down $1.78 during midday trading on Friday, reaching $79.34. The company’s stock had a trading volume of 3,724,974 shares, compared to its average volume of 3,702,420. The firm has a market capitalization of $41.63 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The firm has a 50 day moving average price of $83.02 and a two-hundred day moving average price of $76.59. iShares S&P 500 Growth ETF has a fifty-two week low of $63.10 and a fifty-two week high of $85.56.

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.