Spectrum Planning & Advisory Services Inc. Boosts Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Spectrum Planning & Advisory Services Inc. increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 12.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 84,345 shares of the company’s stock after acquiring an additional 9,270 shares during the period. iShares S&P 500 Growth ETF accounts for about 7.8% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 2nd largest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $8,076,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. 1620 Investment Advisors Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF in the second quarter worth $35,000. GPS Wealth Strategies Group LLC lifted its position in 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 purchasing an additional 199 shares during the period. Davis Capital Management increased its holdings in 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 buying an additional 181 shares during the period. Finally, Avondale Wealth Management raised its stake in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $98.71 on Tuesday. The firm has a market cap of $51.71 billion, a P/E ratio of 28.52 and a beta of 1.14. The firm’s 50-day simple moving average is $96.45 and its 200-day simple moving average is $92.54. iShares S&P 500 Growth ETF has a twelve month low of $71.93 and a twelve month high of $101.55.

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.