iShares S&P 500 Growth ETF $IVW Shares Acquired by Summit Financial Consulting LLC

Summit Financial Consulting LLC increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 60,751 shares of the company’s stock after acquiring an additional 5,199 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 5.4% of Summit Financial Consulting LLC’s portfolio, making the stock its 6th biggest position. Summit Financial Consulting LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,488,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in IVW. Thrivent Financial for Lutherans raised its position in iShares S&P 500 Growth ETF by 196.9% during the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock worth $174,005,000 after acquiring an additional 955,862 shares in the last quarter. CGC Financial Services LLC bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $40,544,000. Lido Advisors LLC raised its position in iShares S&P 500 Growth ETF by 6.5% during the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after acquiring an additional 221,311 shares in the last quarter. MGO One Seven LLC raised its position in iShares S&P 500 Growth ETF by 286.9% during the third quarter. MGO One Seven LLC now owns 261,916 shares of the company’s stock worth $31,618,000 after acquiring an additional 194,212 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its position in iShares S&P 500 Growth ETF by 231.7% during the third quarter. Vestmark Advisory Solutions Inc. now owns 273,381 shares of the company’s stock worth $33,003,000 after acquiring an additional 190,970 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.2%

NYSEARCA IVW opened at $122.17 on Tuesday. The firm’s fifty day moving average price is $118.17 and its two-hundred day moving average price is $121.13. iShares S&P 500 Growth ETF has a 1 year low of $84.89 and a 1 year high of $126.61. The firm has a market capitalization of $65.84 billion, a P/E ratio of 33.33 and a beta of 1.15.

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. 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.