24,641 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Acquired by Optivise Advisory Services LLC

Optivise Advisory Services LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,641 shares of the company’s stock, valued at approximately $2,359,000. iShares S&P 500 Growth ETF makes up about 1.2% of Optivise Advisory Services LLC’s holdings, making the stock its 15th biggest position.

Several other large investors have also recently added to or reduced their stakes in IVW. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $35,000. GPS Wealth Strategies Group LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the period. Davis Capital Management increased its holdings in shares of 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 purchasing an additional 181 shares during the period. Finally, Avondale Wealth Management raised its position in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.0 %

Shares of IVW stock opened at $99.62 on Friday. The stock has a market cap of $52.19 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $71.93 and a 1 year high of $101.55. The stock has a 50 day simple moving average of $97.06 and a 200 day simple moving average of $92.85.

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.