iShares S&P 500 Growth ETF $IVW Shares Acquired by Saxony Capital Management LLC

Saxony Capital Management LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 319.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 37,869 shares of the company’s stock after acquiring an additional 28,837 shares during the period. iShares S&P 500 Growth ETF comprises 3.0% of Saxony Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Saxony Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,572,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $26,000. Davis Capital Management purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $36,000. Finally, Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth about $41,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $123.34 on Friday. The business has a 50-day moving average of $123.01 and a 200 day moving average of $118.04. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The stock has a market capitalization of $66.96 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.