iShares S&P 500 Growth ETF $IVW Stock Purchased by United Advisor Group LLC

United Advisor Group LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 44.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,577 shares of the company’s stock after purchasing an additional 9,746 shares during the period. United Advisor Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,492,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC bought a new position in iShares S&P 500 Growth ETF in the first quarter valued at approximately $34,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after purchasing an additional 225 shares during the last quarter. First Pacific Financial bought a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $34,000. GK Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $41,000. Finally, YANKCOM Partnership bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $51,000.

iShares S&P 500 Growth ETF Trading Up 0.9%

NYSEARCA IVW traded up $1.21 during trading on Friday, hitting $129.63. 2,579,546 shares of the company’s stock were exchanged, compared to its average volume of 2,974,324. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The stock’s 50 day moving average price is $140.00 and its two-hundred day moving average price is $132.10. The company has a market cap of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17.

iShares S&P 500 Growth ETF Company 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. 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.