Wescott Financial Advisory Group LLC Acquires 2,500 Shares of iShares S&P 500 Growth ETF $IVW

Wescott Financial Advisory Group LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% in the second quarter, Holdings Channel reports. The institutional investor owned 84,287 shares of the company’s stock after buying an additional 2,500 shares during the period. iShares S&P 500 Growth ETF makes up 0.9% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 23rd largest holding. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,280,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in IVW. Flaharty Asset Management LLC acquired a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at $26,000. Ryan Investment Management Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth $36,000. Morgan Dempsey Capital Management LLC acquired a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $44,000. Nemes Rush Group LLC lifted its position in iShares S&P 500 Growth ETF by 329.5% during the first quarter. Nemes Rush Group LLC now owns 481 shares of the company’s stock worth $45,000 after purchasing an additional 369 shares during the period. Finally, ST Germain D J Co. Inc. grew its stake in iShares S&P 500 Growth ETF by 655.4% during the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after buying an additional 367 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.8%

IVW stock opened at $120.07 on Tuesday. The company’s 50-day moving average price is $121.33 and its two-hundred day moving average price is $113.33. The firm has a market cap of $65.18 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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.