Beacon Financial Advisory LLC Acquires 2,605 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Beacon Financial Advisory LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 20,437 shares of the company’s stock after buying an additional 2,605 shares during the quarter. iShares S&P 500 Growth ETF comprises 0.7% of Beacon Financial Advisory LLC’s portfolio, making the stock its 27th largest holding. Beacon Financial Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,075,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of IVW. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $40,000. Element Wealth LLC raised its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the period. Valued Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the last quarter. Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $64,000. Finally, ORG Wealth Partners LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $66,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $104.89 on Thursday. The firm has a market capitalization of $54.95 billion, a PE ratio of 28.52 and a beta of 1.14. The stock’s fifty day moving average is $103.27 and its 200 day moving average is $97.52. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.