Farther Finance Advisors LLC Grows Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Farther Finance Advisors LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 240,965 shares of the company’s stock after purchasing an additional 45,535 shares during the period. iShares S&P 500 Growth ETF comprises about 0.9% of Farther Finance Advisors LLC’s portfolio, making the stock its 15th biggest holding. Farther Finance Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $23,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Diversify Advisory Services LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the first quarter worth about $606,000. BNP Paribas Financial Markets raised its holdings in shares of iShares S&P 500 Growth ETF by 58.8% during the 1st quarter. BNP Paribas Financial Markets now owns 222,835 shares of the company’s stock valued at $18,816,000 after buying an additional 82,540 shares in the last quarter. Moloney Securities Asset Management LLC boosted its stake in iShares S&P 500 Growth ETF by 76.3% in the first quarter. Moloney Securities Asset Management LLC now owns 6,126 shares of the company’s stock worth $517,000 after buying an additional 2,652 shares in the last quarter. Mendel Money Management grew its position in iShares S&P 500 Growth ETF by 200.0% during the first quarter. Mendel Money Management now owns 5,160 shares of the company’s stock valued at $436,000 after acquiring an additional 10,320 shares during the last quarter. Finally, Lincoln National Corp grew its position in iShares S&P 500 Growth ETF by 93.7% during the first quarter. Lincoln National Corp now owns 51,637 shares of the company’s stock valued at $4,360,000 after acquiring an additional 24,972 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $95.80 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $68.16 and a 52-week high of $98.68. The company has a fifty day moving average of $94.70 and a 200-day moving average of $91.00. The stock has a market capitalization of $50.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.