Fermata Advisors LLC Buys 153 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fermata Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 13,827 shares of the company’s stock after buying an additional 153 shares during the quarter. Fermata Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,324,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. CarsonAllaria Wealth Management Ltd. raised its position in shares of iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter valued at approximately $34,000. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $35,000. GPS Wealth Strategies Group LLC increased its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after purchasing an additional 199 shares during the last quarter. Finally, Davis Capital Management lifted its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.1 %

iShares S&P 500 Growth ETF stock traded up $0.07 during midday trading on Friday, reaching $96.76. The company’s stock had a trading volume of 688,609 shares, compared to its average volume of 3,007,624. The stock has a market cap of $50.69 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $97.22. The business has a 50-day moving average price of $92.43 and a 200-day moving average price of $89.55.

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.