Arkadios Wealth Advisors Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Arkadios Wealth Advisors grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 52.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,226 shares of the company’s stock after purchasing an additional 22,881 shares during the period. Arkadios Wealth Advisors’ holdings in iShares S&P 500 Growth ETF were worth $6,341,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in IVW. Osborne Partners Capital Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 66.6% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 3,609 shares of the company’s stock worth $346,000 after buying an additional 1,443 shares in the last quarter. Highland Capital Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 27.0% in the 3rd quarter. Highland Capital Management LLC now owns 13,195 shares of the company’s stock worth $1,263,000 after buying an additional 2,803 shares in the last quarter. Capital Management Associates Inc purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $221,000. Joel Isaacson & Co. LLC boosted its position in shares of iShares S&P 500 Growth ETF by 20.1% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 21,277 shares of the company’s stock worth $2,037,000 after buying an additional 3,566 shares in the last quarter. Finally, West Wealth Group LLC boosted its position in shares of iShares S&P 500 Growth ETF by 5.3% in the 3rd quarter. West Wealth Group LLC now owns 511,977 shares of the company’s stock worth $49,022,000 after buying an additional 25,849 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $0.49 during trading on Friday, hitting $97.56. The stock had a trading volume of 3,090,376 shares, compared to its average volume of 2,947,104. The company’s 50 day moving average price is $94.27 and its two-hundred day moving average price is $90.45. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $98.41. The stock has a market cap of $51.11 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.