Client 1ST Advisory Group LLC Buys Shares of 27,939 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Client 1ST Advisory Group LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 27,939 shares of the company’s stock, valued at approximately $2,837,000. iShares S&P 500 Growth ETF comprises 1.1% of Client 1ST Advisory Group LLC’s portfolio, making the stock its 19th biggest holding.

A number of other hedge funds also recently made changes to their positions in IVW. River Street Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after purchasing an additional 1,483 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 87.6% in the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after buying an additional 693,848 shares during the period. Citigroup Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 11.5% in the third quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after buying an additional 34,624 shares during the period. EverSource Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,552 shares of the company’s stock valued at $2,150,000 after buying an additional 7,591 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its position in iShares S&P 500 Growth ETF by 18.3% during the 2nd quarter. Hsbc Holdings PLC now owns 122,400 shares of the company’s stock worth $11,326,000 after buying an additional 18,900 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $103.83 on Monday. The firm has a 50 day moving average price of $102.15 and a two-hundred day moving average price of $96.71. The stock has a market cap of $54.40 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $75.62 and a 52-week high of $105.64.

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.