Sterling Investment Counsel LLC Acquires 118,492 Shares of iShares S&P 500 Growth ETF $IVW

Sterling Investment Counsel LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 67.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 294,224 shares of the company’s stock after acquiring an additional 118,492 shares during the quarter. iShares S&P 500 Growth ETF makes up about 11.4% of Sterling Investment Counsel LLC’s portfolio, making the stock its largest holding. Sterling Investment Counsel LLC’s holdings in iShares S&P 500 Growth ETF were worth $35,519,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $30,000. Flaharty Asset Management LLC bought a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $26,000. Ryan Investment Management Inc. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth about $36,000. Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth about $41,000. Finally, Morgan Dempsey Capital Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $44,000.

iShares S&P 500 Growth ETF Trading Down 0.7%

Shares of IVW stock opened at $123.26 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The stock has a market cap of $66.91 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The stock has a 50-day moving average of $123.00 and a 200-day moving average of $117.83.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.