Portland Financial Advisors Inc Purchases New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Portland Financial Advisors Inc acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 3,264 shares of the company’s stock, valued at approximately $331,000.

A number of other large investors have also added to or reduced their stakes in IVW. The Manufacturers Life Insurance Company purchased a new stake in iShares S&P 500 Growth ETF during the third quarter valued at approximately $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $56,971,000. Strategic Financial Concepts LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after acquiring an additional 421,703 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $103.43 on Monday. The firm has a market capitalization of $57.71 billion, a P/E ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The company’s 50-day moving average is $104.04 and its 200 day moving average is $99.04.

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.