iShares S&P 500 Growth ETF (NYSEARCA:IVW) Sets New 1-Year High – Should You Buy?

Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $106.29 and last traded at $106.22, with a volume of 235987 shares changing hands. The stock had previously closed at $104.84.

iShares S&P 500 Growth ETF Trading Down 0.4 %

The business’s 50-day moving average is $102.51 and its two-hundred day moving average is $96.98. The stock has a market capitalization of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14.

Institutional Trading of iShares S&P 500 Growth ETF

Large investors have recently modified their holdings of the business. River Street Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares in the last quarter. NewEdge Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 87.6% during the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after buying an additional 693,848 shares in the last quarter. Citigroup Inc. lifted its holdings in iShares S&P 500 Growth ETF by 11.5% during the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock worth $32,196,000 after buying an additional 34,624 shares during the last quarter. Insigneo Advisory Services LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $329,000. Finally, Tompkins Financial Corp increased its holdings in shares of iShares S&P 500 Growth ETF by 31.0% in the 4th quarter. Tompkins Financial Corp now owns 12,404 shares of the company’s stock valued at $1,259,000 after acquiring an additional 2,936 shares during the last quarter.

About iShares S&P 500 Growth ETF

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.