Avestar Capital LLC Boosts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Avestar Capital LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 83,041 shares of the company’s stock after buying an additional 626 shares during the period. iShares S&P 500 Growth ETF makes up approximately 0.7% of Avestar Capital LLC’s investment portfolio, making the stock its 22nd largest position. Avestar Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,431,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in IVW. International Assets Investment Management LLC grew its stake in iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after buying an additional 1,569,612 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $82,464,000. Arvest Bank Trust Division acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $56,971,000. Strategic Financial Concepts LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 29.8% in the third quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after buying an additional 324,178 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.2 %

Shares of iShares S&P 500 Growth ETF stock opened at $105.05 on Thursday. The stock’s fifty day moving average is $103.70 and its 200-day moving average is $98.02. The firm has a market capitalization of $55.04 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14.

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.