COFG Advisors LLC Invests $3.16 Million in iShares S&P 500 Growth ETF $IVW

COFG Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,630 shares of the company’s stock, valued at approximately $3,159,000. iShares S&P 500 Growth ETF comprises about 0.8% of COFG Advisors LLC’s portfolio, making the stock its 25th largest position.

Other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the second quarter worth about $30,000. Howe & Rusling Inc. lifted its holdings in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the period. Finally, Entrust Financial LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $33,000.

iShares S&P 500 Growth ETF Stock Up 0.9%

IVW stock opened at $141.59 on Tuesday. The company has a market capitalization of $76.73 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50-day simple moving average of $127.21 and a 200 day simple moving average of $123.77. iShares S&P 500 Growth ETF has a fifty-two week low of $102.92 and a fifty-two week high of $141.98.

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.