Fortress Financial Group LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fortress Financial Group LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,215 shares of the company’s stock, valued at approximately $1,037,000. iShares S&P 500 Growth ETF makes up approximately 1.0% of Fortress Financial Group LLC’s portfolio, making the stock its 21st biggest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its position in iShares S&P 500 Growth ETF by 35,928.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,522 shares of the company’s stock valued at $241,000 after acquiring an additional 2,515 shares in the last quarter. Evermay Wealth Management LLC grew its stake in shares of iShares S&P 500 Growth ETF by 22.5% during the 3rd quarter. Evermay Wealth Management LLC now owns 1,998 shares of the company’s stock valued at $191,000 after purchasing an additional 367 shares during the period. Diversify Wealth Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 64.0% during the 3rd quarter. Diversify Wealth Management LLC now owns 4,462 shares of the company’s stock valued at $430,000 after purchasing an additional 1,741 shares during the last quarter. JFS Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 4.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 176,069 shares of the company’s stock valued at $16,859,000 after purchasing an additional 7,620 shares during the last quarter. Finally, Fiducient Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.5% in the third quarter. Fiducient Advisors LLC now owns 15,618 shares of the company’s stock worth $1,495,000 after buying an additional 381 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $99.34 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The business has a fifty day moving average price of $103.86 and a 200-day moving average price of $99.26.

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.