Blackston Financial Advisory Group LLC Makes New $685,000 Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Blackston Financial Advisory Group LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 7,152 shares of the company’s stock, valued at approximately $685,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $226,000. FineMark National Bank & Trust grew its holdings in iShares S&P 500 Growth ETF by 4.8% during the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after acquiring an additional 3,279 shares during the period. BKM Wealth Management LLC raised its position in iShares S&P 500 Growth ETF by 2.3% during the first quarter. BKM Wealth Management LLC now owns 104,775 shares of the company’s stock valued at $8,847,000 after acquiring an additional 2,375 shares in the last quarter. Pettinga Financial Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 189.0% in the first quarter. Pettinga Financial Advisors LLC now owns 222,982 shares of the company’s stock valued at $18,829,000 after acquiring an additional 145,836 shares during the period. Finally, Adaptive Financial Consulting LLC lifted its holdings in iShares S&P 500 Growth ETF by 1.2% in the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after acquiring an additional 2,383 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $97.07 on Friday. The stock has a market capitalization of $50.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50 day simple moving average is $94.18 and its 200-day simple moving average is $90.40. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $98.27.

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.