Assetmark Inc. Increases Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Assetmark Inc. grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 100,929 shares of the company’s stock after buying an additional 2,516 shares during the quarter. Assetmark Inc.’s holdings in iShares S&P 500 Growth ETF were worth $9,664,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVW. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. Davis Capital Management increased its stake in iShares S&P 500 Growth ETF by 78.4% in the third 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. GPS Wealth Strategies Group LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the last quarter. Finally, Avondale Wealth Management boosted its stake in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after buying an additional 156 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.3 %

Shares of IVW stock opened at $101.14 on Monday. The stock’s 50-day moving average price is $95.27 and its 200 day moving average price is $91.69. The stock has a market capitalization of $52.99 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $69.67 and a 52-week high of $101.36.

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.