Eclectic Associates Inc. ADV Purchases Shares of 63,223 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Eclectic Associates Inc. ADV purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 63,223 shares of the company’s stock, valued at approximately $6,419,000. iShares S&P 500 Growth ETF makes up 1.9% of Eclectic Associates Inc. ADV’s holdings, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Davis Capital Management boosted its holdings in iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares in the last quarter. Element Wealth LLC raised its position in shares of iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the last quarter. Valued Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares in the last quarter. Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $64,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $66,000.

iShares S&P 500 Growth ETF Trading Down 0.4 %

NYSEARCA IVW opened at $106.26 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $107.14. The company has a fifty day simple moving average of $102.51 and a two-hundred day simple moving average of $96.98. The stock has a market cap of $55.67 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.