Fortitude Advisory Group L.L.C. Buys Shares of 1,898 iShares S&P 500 Growth ETF $IVW

Fortitude Advisory Group L.L.C. bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,898 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds have also recently made changes to their positions in IVW. Envestnet Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after buying an additional 2,350,072 shares during the period. Sofi Wealth LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4,023.6% during the 1st quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after purchasing an additional 1,811,974 shares during the period. Liberty Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 489.6% during the 1st quarter. Liberty Wealth Management LLC now owns 1,363,876 shares of the company’s stock valued at $126,609,000 after purchasing an additional 1,132,541 shares during the period. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 5.5% during the 1st quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after purchasing an additional 988,955 shares during the period. Finally, Pinkerton Retirement Specialists LLC raised its stake in shares of iShares S&P 500 Growth ETF by 192.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 1,135,349 shares of the company’s stock valued at $105,394,000 after purchasing an additional 747,194 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $121.06 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $121.92. The firm has a market cap of $66.00 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The business’s fifty day moving average is $116.68 and its 200 day moving average is $106.37.

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.