Sequoia Financial Advisors LLC Grows Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sequoia Financial Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 176,592 shares of the company’s stock after buying an additional 14,294 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $16,909,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. increased its stake in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC increased its stake 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 valued at $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Davis Capital Management increased its stake in iShares S&P 500 Growth ETF by 78.4% in the third 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 last quarter.

iShares S&P 500 Growth ETF Stock Down 0.3 %

iShares S&P 500 Growth ETF stock traded down $0.32 during mid-day trading on Tuesday, hitting $97.59. The company had a trading volume of 503,832 shares, compared to its average volume of 2,947,304. The stock has a market cap of $51.13 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a fifty day moving average of $93.91 and a 200 day moving average of $90.27. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $98.05.

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.