168,513 Shares in iShares S&P 500 Growth ETF $IVW Bought by Coastline Complete Wealth LLC

Coastline Complete Wealth LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, Holdings Channel reports. The fund bought 168,513 shares of the company’s stock, valued at approximately $20,771,000. iShares S&P 500 Growth ETF comprises about 13.1% of Coastline Complete Wealth LLC’s investment portfolio, making the stock its biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in IVW. Nolet Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at about $3,571,000. Stone Wealth Partners purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $419,000. Forthright Family Wealth Advisory LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. Forthright Family Wealth Advisory LLC now owns 99,072 shares of the company’s stock worth $12,212,000 after purchasing an additional 1,740 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $322,000. Finally, Blue Capital Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 11.2% in the 4th quarter. Blue Capital Inc. now owns 6,880 shares of the company’s stock valued at $848,000 after purchasing an additional 694 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $137.96 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The stock has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50-day simple moving average of $133.19 and a 200-day simple moving average of $125.20.

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.