Forthright Family Wealth Advisory LLC Buys 87,459 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Forthright Family Wealth Advisory LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 231.8% in the third quarter, Holdings Channel reports. The firm owned 125,195 shares of the company’s stock after purchasing an additional 87,459 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 7.9% of Forthright Family Wealth Advisory LLC’s investment portfolio, making the stock its 3rd largest position. Forthright Family Wealth Advisory LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,019,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of IVW. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $35,000. Davis Capital Management boosted its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in shares of iShares S&P 500 Growth ETF by 37.1% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 499 shares of the company’s stock valued at $47,000 after purchasing an additional 135 shares during the last quarter. Finally, Element Wealth LLC increased its position in iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.8 %

NYSEARCA:IVW traded up $0.80 on Friday, hitting $104.97. The company had a trading volume of 117,362 shares, compared to its average volume of 2,794,656. iShares S&P 500 Growth ETF has a 52 week low of $72.69 and a 52 week high of $105.09. The stock has a market capitalization of $54.99 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm has a 50 day moving average of $99.17 and a two-hundred day moving average of $94.44.

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.