RFG Advisory LLC Has $1.74 Million Stock Position in iShares S&P 500 Growth ETF $IVW

RFG Advisory LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 60.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 15,361 shares of the company’s stock after acquiring an additional 5,788 shares during the period. RFG Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,737,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. Smith Moore & CO. lifted its stake in shares of iShares S&P 500 Growth ETF by 2.9% in the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management grew its position in iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after acquiring an additional 86 shares during the last quarter. Proactive Wealth Strategies LLC grew its position in iShares S&P 500 Growth ETF by 1.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares during the last quarter. Ignite Planners LLC increased its holdings in iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after purchasing an additional 88 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown increased its holdings in iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after purchasing an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.7%

iShares S&P 500 Growth ETF stock opened at $132.58 on Friday. The stock has a 50-day moving average price of $134.68 and a two-hundred day moving average price of $125.64. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98. The company has a market capitalization of $71.85 billion, a PE ratio of 33.33 and a beta of 1.17.

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. 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.