Wescott Financial Advisory Group LLC Grows Stock Position in iShares S&P 500 Growth ETF $IVW

Wescott Financial Advisory Group LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,077 shares of the company’s stock after purchasing an additional 5,409 shares during the period. iShares S&P 500 Growth ETF comprises about 1.0% of Wescott Financial Advisory Group LLC’s holdings, making the stock its 23rd largest holding. Wescott Financial Advisory Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVW. Smith Moore & CO. boosted its stake in iShares S&P 500 Growth ETF by 2.9% during the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after acquiring an additional 85 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its stake in iShares S&P 500 Growth ETF by 0.7% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after acquiring an additional 86 shares in the last quarter. Proactive Wealth Strategies LLC boosted its stake in iShares S&P 500 Growth ETF by 1.0% during the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares in the last quarter. Ignite Planners LLC boosted its stake in iShares S&P 500 Growth ETF by 4.7% during the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after acquiring an additional 88 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown boosted its stake in iShares S&P 500 Growth ETF by 1.3% during the fourth quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after acquiring an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 2.2%

Shares of NYSEARCA IVW opened at $134.50 on Friday. The firm has a market cap of $72.89 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $104.21 and a 12-month high of $141.98. The company’s fifty day simple moving average is $130.99 and its 200 day simple moving average is $124.69.

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. 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.