GWM Advisors LLC Raises Position in iShares S&P 500 Growth ETF (IVW)

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GWM Advisors LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 34.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,928 shares of the company’s stock after buying an additional 2,779 shares during the quarter. GWM Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,929,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Lincoln National Corp grew its stake in shares of iShares S&P 500 Growth ETF by 20.2% during the 2nd quarter. Lincoln National Corp now owns 1,739 shares of the company’s stock worth $283,000 after purchasing an additional 292 shares during the period. Murphy Capital Management Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 13.3% during the 2nd quarter. Murphy Capital Management Inc. now owns 2,718 shares of the company’s stock worth $441,000 after purchasing an additional 319 shares during the period. Sunbelt Securities Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 23,126 shares of the company’s stock worth $3,760,000 after purchasing an additional 324 shares during the period. First Personal Financial Services grew its stake in shares of iShares S&P 500 Growth ETF by 9.2% during the 2nd quarter. First Personal Financial Services now owns 3,897 shares of the company’s stock worth $634,000 after purchasing an additional 327 shares during the period. Finally, Cornell Pochily Investment Advisors Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 6.2% during the 3rd quarter. Cornell Pochily Investment Advisors Inc. now owns 5,561 shares of the company’s stock worth $985,000 after purchasing an additional 327 shares during the period.

Shares of NYSEARCA:IVW opened at $160.17 on Wednesday. iShares S&P 500 Growth ETF has a 1 year low of $146.70 and a 1 year high of $178.61.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were given a dividend of $0.4715 per share. The ex-dividend date was Wednesday, September 26th. This represents a $1.89 dividend on an annualized basis and a dividend yield of 1.18%.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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