Fonville Wealth Management LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fonville Wealth Management LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.5% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 30,522 shares of the company’s stock after purchasing an additional 2,640 shares during the period. Fonville Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,922,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in IVW. CarsonAllaria Wealth Management Ltd. increased its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $35,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares S&P 500 Growth ETF by 91.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.3 %

Shares of iShares S&P 500 Growth ETF stock traded up $1.28 during trading on Friday, hitting $96.39. 1,172,153 shares of the stock traded hands, compared to its average volume of 2,916,769. The stock has a market cap of $50.50 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s fifty day moving average is $94.66 and its 200-day moving average is $90.91. iShares S&P 500 Growth ETF has a 52 week low of $68.16 and a 52 week high of $98.68.

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.