iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Madrona Financial Services LLC’s 6th Largest Position

Madrona Financial Services LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,604 shares of the company’s stock after purchasing an additional 5,519 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 3.7% of Madrona Financial Services LLC’s portfolio, making the stock its 6th biggest holding. Madrona Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,271,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth approximately $226,000. FineMark National Bank & Trust grew its holdings in shares of iShares S&P 500 Growth ETF by 4.8% during the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after purchasing an additional 3,279 shares during the last quarter. West Paces Advisors Inc. raised its position in iShares S&P 500 Growth ETF by 9,168.6% in the 1st quarter. West Paces Advisors Inc. now owns 4,727 shares of the company’s stock worth $399,000 after purchasing an additional 4,676 shares during the period. Powell Investment Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 0.9% in the first quarter. Powell Investment Advisors LLC now owns 250,701 shares of the company’s stock worth $21,169,000 after purchasing an additional 2,120 shares during the last quarter. Finally, BKM Wealth Management LLC boosted its position in iShares S&P 500 Growth ETF by 2.3% during the first quarter. BKM Wealth Management LLC now owns 104,775 shares of the company’s stock valued at $8,847,000 after buying an additional 2,375 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.1 %

Shares of NYSEARCA:IVW opened at $96.99 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $98.05. The stock’s 50-day moving average price is $93.53 and its 200-day moving average price is $89.99. The stock has a market capitalization of $50.81 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.