Armstrong Fleming & Moore Inc Takes $312,000 Position in iShares S&P 500 Growth ETF $IVW

Armstrong Fleming & Moore Inc purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,835 shares of the company’s stock, valued at approximately $312,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock worth $4,463,224,000 after buying an additional 2,350,072 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock worth $1,757,211,000 after buying an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.4% in the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock worth $616,354,000 after buying an additional 279,859 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock worth $327,992,000 after buying an additional 147,169 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares S&P 500 Growth ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock worth $321,729,000 after buying an additional 253,383 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $122.00 on Thursday. The company’s fifty day moving average is $117.13 and its 200 day moving average is $106.84. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $122.02. The stock has a market capitalization of $66.53 billion, a PE ratio of 33.33 and a beta of 1.05.

About iShares S&P 500 Growth ETF

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.