iShares S&P 500 Growth ETF $IVW Shares Bought by Flagship Wealth Advisors LLC

Flagship Wealth Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 27.0% during the third quarter, HoldingsChannel reports. The fund owned 49,539 shares of the company’s stock after buying an additional 10,534 shares during the period. iShares S&P 500 Growth ETF comprises 2.0% of Flagship Wealth Advisors LLC’s holdings, making the stock its 14th biggest position. Flagship Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,980,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Davis Capital Management purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000. Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $41,000. Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF during the second quarter worth about $44,000. Finally, ST Germain D J Co. Inc. boosted its stake in iShares S&P 500 Growth ETF by 655.4% during the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after buying an additional 367 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $123.00 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The company has a 50 day moving average price of $122.98 and a 200 day moving average price of $119.49. The stock has a market capitalization of $66.11 billion, a P/E ratio of 33.33 and a beta of 1.11.

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. 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.