EWG Elevate Inc. Acquires Shares of 93,837 iShares Factors US Growth Style ETF (BATS:STLG)

Posted by Darlene League on Aug 14th, 2024

EWG Elevate Inc. acquired a new position in iShares Factors US Growth Style ETF (BATS:STLG – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 93,837 shares of the company’s stock, valued at approximately $4,871,000. iShares Factors US Growth Style ETF makes up about 1.8% of EWG Elevate Inc.’s investment portfolio, making the stock its 18th biggest holding. EWG Elevate Inc. owned approximately 8.53% of iShares Factors US Growth Style ETF as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Spire Wealth Management grew its position in shares of iShares Factors US Growth Style ETF by 133.8% during the 1st quarter. Spire Wealth Management now owns 982 shares of the company’s stock worth $47,000 after buying an additional 562 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in iShares Factors US Growth Style ETF during the 4th quarter valued at about $357,000. Valley National Advisers Inc. raised its holdings in shares of iShares Factors US Growth Style ETF by 24.5% in the 1st quarter. Valley National Advisers Inc. now owns 52,502 shares of the company’s stock valued at $2,498,000 after purchasing an additional 10,340 shares in the last quarter. Landaas & Co. WI ADV purchased a new stake in shares of iShares Factors US Growth Style ETF in the 4th quarter worth approximately $3,018,000. Finally, Synergy Asset Management LLC bought a new position in shares of iShares Factors US Growth Style ETF during the first quarter valued at approximately $4,494,000.

iShares Factors US Growth Style ETF Price Performance

STLG stock traded up $1.10 during trading on Tuesday, hitting $50.29. 20,919 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $51.11 and its two-hundred day moving average price is $48.00. The company has a market capitalization of $55.32 million, a price-to-earnings ratio of 27.98 and a beta of 1.23.