SGL Investment Advisors Inc. Acquires 9,451 Shares of iShares S&P 500 Growth ETF $IVW

SGL Investment Advisors Inc. increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,717 shares of the company’s stock after acquiring an additional 9,451 shares during the period. iShares S&P 500 Growth ETF comprises about 3.2% of SGL Investment Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. SGL Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $8,009,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in IVW. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $30,000. Howe & Rusling Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares in the last quarter. Finally, Entrust Financial LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $33,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $136.62 on Friday. The firm’s 50-day simple moving average is $124.60 and its 200-day simple moving average is $123.10. iShares S&P 500 Growth ETF has a twelve month low of $100.76 and a twelve month high of $139.10. The firm has a market cap of $74.04 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.