Foundations Investment Advisors LLC Increases Position in iShares S&P 500 Growth ETF $IVW

Foundations Investment Advisors LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,032,167 shares of the company’s stock after acquiring an additional 144,714 shares during the period. iShares S&P 500 Growth ETF makes up 3.3% of Foundations Investment Advisors LLC’s portfolio, making the stock its largest holding. Foundations Investment Advisors LLC owned approximately 0.38% of iShares S&P 500 Growth ETF worth $250,485,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Turning Point Benefit Group Inc. bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $28,000. Howe & Rusling Inc. increased its holdings in iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the last quarter. Entrust Financial LLC bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $33,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Down 0.0%

iShares S&P 500 Growth ETF stock opened at $138.32 on Thursday. The company’s 50-day moving average price is $125.81 and its 200-day moving average price is $123.40. iShares S&P 500 Growth ETF has a twelve month low of $102.32 and a twelve month high of $139.10. The company has a market cap of $74.96 billion, a PE ratio of 33.33 and a beta of 1.17.

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.