J.W. Cole Advisors Inc. Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

J.W. Cole Advisors Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.1% in the third quarter, Holdings Channel reports. The institutional investor owned 252,053 shares of the company’s stock after acquiring an additional 5,187 shares during the period. iShares S&P 500 Growth ETF comprises about 1.0% of J.W. Cole Advisors Inc.’s portfolio, making the stock its 14th biggest holding. J.W. Cole Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $24,134,000 at the end of the most recent quarter.

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

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW traded up $0.49 during mid-day trading on Friday, reaching $97.56. 3,090,376 shares of the company traded hands, compared to its average volume of 2,947,104. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $98.41. The firm has a market cap of $51.11 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50 day moving average price is $94.36 and its 200-day moving average price is $90.59.

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.