Independent Solutions Wealth Management LLC Purchases 4,034 Shares of iShares S&P 500 Growth ETF $IVW

Independent Solutions Wealth Management LLC lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 175,530 shares of the company’s stock after buying an additional 4,034 shares during the quarter. iShares S&P 500 Growth ETF comprises 3.8% of Independent Solutions Wealth Management LLC’s holdings, making the stock its biggest position. Independent Solutions Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $21,190,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IVW. Davis Capital Management acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth about $28,000. Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $26,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $36,000. Finally, Financial Consulate Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $41,000.

iShares S&P 500 Growth ETF Trading Up 0.2%

Shares of IVW stock opened at $124.76 on Thursday. The stock has a market cap of $67.39 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The stock has a 50 day simple moving average of $122.94 and a 200 day simple moving average of $118.44.

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. 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.