Financial & Tax Architects LLC Invests $5.70 Million in iShares S&P 500 Growth ETF $IVW

Financial & Tax Architects LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the second quarter, Holdings Channel reports. The firm acquired 41,460 shares of the company’s stock, valued at approximately $5,702,000.

Other hedge funds have also recently made changes to their positions in the company. Decker Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $2,991,000. Chatterton & Associates Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 33.5% during the 1st quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after acquiring an additional 11,089 shares in the last quarter. West Wealth Group LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4.4% during the 4th quarter. West Wealth Group LLC now owns 439,568 shares of the company’s stock worth $54,181,000 after acquiring an additional 18,499 shares in the last quarter. Pinkerton Wealth LLC lifted its position in iShares S&P 500 Growth ETF by 4.3% during the fourth quarter. Pinkerton Wealth LLC now owns 215,108 shares of the company’s stock valued at $26,514,000 after acquiring an additional 8,870 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 72.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 41,924 shares of the company’s stock valued at $5,168,000 after acquiring an additional 17,546 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7%

Shares of IVW opened at $142.54 on Friday. The company has a 50 day moving average of $136.39 and a two-hundred day moving average of $128.86. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.26. The company has a market cap of $77.82 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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