Lakeshore Financial Planning Inc. Invests $782,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lakeshore Financial Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 8,166 shares of the company’s stock, valued at approximately $782,000. iShares S&P 500 Growth ETF makes up 0.3% of Lakeshore Financial Planning Inc.’s portfolio, making the stock its 21st biggest position.

A number of other large investors have also made changes to their positions in IVW. 1620 Investment Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $34,000. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $35,000. CarsonAllaria Wealth Management Ltd. increased its holdings 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 purchasing an additional 125 shares in the last quarter. Davis Capital Management lifted its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the period. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $100.83 on Friday. The company has a fifty day moving average of $94.94 and a two-hundred day moving average of $91.41. The stock has a market capitalization of $52.82 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 $69.67 and a fifty-two week high of $100.97.

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.