iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Boosted by Ironwood Financial llc

Ironwood Financial llc boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 172,537 shares of the company’s stock after purchasing an additional 1,063 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 3.5% of Ironwood Financial llc’s holdings, making the stock its 5th biggest position. Ironwood Financial llc’s holdings in iShares S&P 500 Growth ETF were worth $16,520,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth about $35,000. CarsonAllaria Wealth Management Ltd. increased its holdings 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 purchasing an additional 125 shares during the period. Davis Capital Management increased its holdings 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 period. Finally, GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the period.

iShares S&P 500 Growth ETF Price Performance

IVW traded up $0.68 on Thursday, reaching $97.54. 81,171 shares of the company traded hands, compared to its average volume of 2,970,653. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $98.05. The company has a market cap of $51.10 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock’s 50 day moving average price is $93.34 and its 200-day moving average price is $89.94.

iShares S&P 500 Growth ETF Company 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.