Kestra Advisory Services LLC Buys 149,886 Shares of iShares S&P 500 Growth ETF $IVW

Kestra Advisory Services LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,011,319 shares of the company’s stock after purchasing an additional 149,886 shares during the quarter. Kestra Advisory Services LLC owned about 0.18% of iShares S&P 500 Growth ETF worth $143,870,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares S&P 500 Growth ETF by 1,071.4% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after buying an additional 225 shares during the period. First Pacific Financial acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth about $34,000. GK Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth about $41,000. Finally, YANKCOM Partnership purchased a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $51,000.

iShares S&P 500 Growth ETF Trading Down 5.7%

Shares of iShares S&P 500 Growth ETF stock opened at $128.42 on Friday. The company has a 50-day moving average of $140.23 and a two-hundred day moving average of $132.05. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83. The stock has a market cap of $71.38 billion, a PE ratio of 24.96 and a beta of 1.17.

iShares S&P 500 Growth ETF 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.