Sugarloaf Wealth Management LLC Increases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sugarloaf Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,242 shares of the company’s stock after purchasing an additional 190 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $119,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Oxford Financial Group LTD. LLC grew its position in shares of iShares S&P 500 Growth ETF by 27.6% during the 4th quarter. Oxford Financial Group LTD. LLC now owns 45,907 shares of the company’s stock valued at $3,448,000 after purchasing an additional 9,924 shares in the last quarter. Foster Victor Wealth Advisors LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth about $226,000. FineMark National Bank & Trust raised its holdings in shares of iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after acquiring an additional 3,279 shares in the last quarter. West Paces Advisors Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 9,168.6% during the 1st quarter. West Paces Advisors Inc. now owns 4,727 shares of the company’s stock valued at $399,000 after acquiring an additional 4,676 shares during the last quarter. Finally, Powell Investment Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 0.9% during 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 in the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.5 %

IVW stock opened at $96.10 on Wednesday. The company’s 50 day moving average is $92.03 and its 200 day moving average is $89.38. The stock has a market cap of $50.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $97.22.

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.