First Command Advisory Services Inc. Acquires 6,704 Shares of iShares S&P 500 Growth ETF $IVW

First Command Advisory Services Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 70.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 16,268 shares of the company’s stock after acquiring an additional 6,704 shares during the quarter. First Command Advisory Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,314,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. First Pacific Financial purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth $34,000. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock valued at $34,000 after purchasing an additional 225 shares during the period. GK Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth $41,000. Measured Wealth Private Client Group LLC bought a new position in iShares S&P 500 Growth ETF in the 1st quarter worth $34,000. Finally, YANKCOM Partnership purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $51,000.

iShares S&P 500 Growth ETF Trading Up 1.6%

NYSEARCA:IVW opened at $134.17 on Thursday. The company has a 50-day moving average price of $139.63 and a 200-day moving average price of $132.25. The stock has a market cap of $74.24 billion, a price-to-earnings ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $146.83.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.