Avidian Wealth Solutions LLC Boosts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Avidian Wealth Solutions LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,066 shares of the company’s stock after buying an additional 2,344 shares during the period. Avidian Wealth Solutions LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in IVW. National Bank of Canada FI boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.4% in the fourth quarter. National Bank of Canada FI now owns 38,244 shares of the company’s stock valued at $2,824,000 after purchasing an additional 899 shares during the period. TCG Advisory Services LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $301,000. First National Trust Co grew its position in shares of iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. First National Trust Co now owns 12,036 shares of the company’s stock worth $904,000 after buying an additional 208 shares in the last quarter. Royal Fund Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 32.9% during the fourth quarter. Royal Fund Management LLC now owns 226,528 shares of the company’s stock valued at $17,015,000 after buying an additional 56,029 shares during the period. Finally, Ifrah Financial Services Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Ifrah Financial Services Inc. now owns 213,340 shares of the company’s stock valued at $16,022,000 after acquiring an additional 1,183 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.9 %

NYSEARCA:IVW traded up $1.52 during mid-day trading on Friday, reaching $83.37. The company’s stock had a trading volume of 2,580,985 shares, compared to its average volume of 3,509,656. The firm has a market capitalization of $43.54 billion, a PE ratio of 27.41 and a beta of 1.12. The stock has a fifty day moving average of $83.10 and a 200-day moving average of $77.55. iShares S&P 500 Growth ETF has a 1 year low of $63.19 and a 1 year high of $85.56.

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.