Watts Gwilliam & Co. LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Watts Gwilliam & Co. LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% in the 4th quarter, Holdings Channel reports. The firm owned 119,416 shares of the company’s stock after purchasing an additional 7,334 shares during the quarter. iShares S&P 500 Growth ETF accounts for 2.6% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 6th largest holding. Watts Gwilliam & Co. LLC’s holdings in iShares S&P 500 Growth ETF were worth $12,229,000 at the end of the most recent reporting period.

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

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $102.54 on Friday. The stock’s 50-day moving average is $101.71 and its 200 day moving average is $96.30. iShares S&P 500 Growth ETF has a one year low of $73.94 and a one year high of $105.64. The firm has a market cap of $53.72 billion, a price-to-earnings 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.