Fortis Advisors LLC Acquires 225 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fortis Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,735 shares of the company’s stock after purchasing an additional 225 shares during the quarter. Fortis Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $262,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of IVW. River Street Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after buying an additional 1,483 shares in the last quarter. Foster Victor Wealth Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF during the second quarter worth approximately $226,000. FineMark National Bank & Trust increased its stake in iShares S&P 500 Growth ETF by 4.8% during the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after acquiring an additional 3,279 shares during the period. Choreo LLC increased its stake in iShares S&P 500 Growth ETF by 13.8% during the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after acquiring an additional 61,420 shares during the period. Finally, Adaptive Financial Consulting LLC raised its holdings in iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after acquiring an additional 2,383 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $98.71 on Tuesday. The company has a market cap of $51.71 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $71.93 and a fifty-two week high of $101.55. The stock has a fifty day moving average price of $96.45 and a 200-day moving average price of $92.54.

iShares S&P 500 Growth ETF Company 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.