Fonville Wealth Management LLC Has $2.92 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fonville Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,522 shares of the company’s stock after buying an additional 2,640 shares during the period. Fonville Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,922,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Envestnet Asset Management Inc. raised its stake in iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after buying an additional 15,673,824 shares during the last quarter. LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock valued at $589,623,000 after purchasing an additional 2,404,544 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares S&P 500 Growth ETF by 200.4% in the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after purchasing an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after purchasing an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.3 %

iShares S&P 500 Growth ETF stock traded up $1.28 during trading on Friday, hitting $96.39. 1,172,153 shares of the company were exchanged, compared to its average volume of 2,916,769. The business’s 50 day moving average is $94.66 and its 200 day moving average is $90.91. iShares S&P 500 Growth ETF has a 52 week low of $68.16 and a 52 week high of $98.68. The company has a market capitalization of $50.50 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.