Beacon Advisors Holdings LLC Invests $2.30 Million in iShares S&P 500 Growth ETF $IVW

Beacon Advisors Holdings LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,673 shares of the company’s stock, valued at approximately $2,302,000. iShares S&P 500 Growth ETF makes up 1.2% of Beacon Advisors Holdings LLC’s portfolio, making the stock its 22nd biggest holding.

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

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $137.96 on Friday. The stock has a market capitalization of $74.77 billion, a PE ratio of 33.33 and a beta of 1.17. The company’s 50-day moving average is $133.19 and its 200-day moving average is $125.20. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98.

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.