Bristlecone Advisors LLC Has $3.14 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bristlecone Advisors LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 32,805 shares of the company’s stock after acquiring an additional 1,405 shares during the period. Bristlecone Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,141,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. CarsonAllaria Wealth Management Ltd. increased its position in iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares during the period. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC lifted its stake in shares of 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 buying an additional 199 shares during the period. Finally, Davis Capital Management grew its position in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.5 %

Shares of IVW opened at $97.56 on Friday. The stock’s 50-day moving average price is $94.36 and its 200 day moving average price is $90.59. The firm has a market capitalization of $51.11 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $98.41.

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.