Moors & Cabot Inc. purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 2,130 shares of the company’s stock, valued at approximately $216,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. BankPlus Trust Department purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Bellevue Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $42,000. Finally, POM Investment Strategies LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares in the last quarter.
iShares S&P 500 Growth ETF Trading Up 2.6 %
Shares of IVW opened at $94.82 on Monday. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The firm’s fifty day simple moving average is $102.27 and its 200-day simple moving average is $99.63. The firm has a market capitalization of $52.36 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.
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.
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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
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