Pinnacle Advisory Group Inc. Purchases 1,664 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Pinnacle Advisory Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 9,889 shares of the company’s stock after purchasing an additional 1,664 shares during the period. Pinnacle Advisory Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $644,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the company. Hudock Inc. raised its position in iShares S&P 500 Growth ETF by 38.1% in the 1st quarter. Hudock Inc. now owns 536 shares of the company’s stock valued at $34,000 after buying an additional 148 shares during the last quarter. JGP Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 0.7% in the first quarter. JGP Wealth Management LLC now owns 23,446 shares of the company’s stock valued at $1,527,000 after buying an additional 174 shares during the period. Gemmer Asset Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2.5% during the 1st quarter. Gemmer Asset Management LLC now owns 7,571 shares of the company’s stock valued at $493,000 after buying an additional 182 shares during the last quarter. Simon Quick Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.9% during the 1st quarter. Simon Quick Advisors LLC now owns 10,045 shares of the company’s stock worth $654,000 after acquiring an additional 188 shares during the period. Finally, Sandbox Financial Partners LLC increased its holdings in iShares S&P 500 Growth ETF by 0.9% in the 1st quarter. Sandbox Financial Partners LLC now owns 22,180 shares of the company’s stock worth $1,493,000 after acquiring an additional 188 shares during the last quarter.

NYSEARCA IVW opened at $69.90 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $49.01 and a 52 week high of $70.52. The firm’s 50-day simple moving average is $68.63.

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.

Further Reading: Trading Halts

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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