Morton Capital Management LLC CA Raises Holdings in iShares S&P 500 Growth ETF $IVW

Morton Capital Management LLC CA boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 155.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,020 shares of the company’s stock after purchasing an additional 7,310 shares during the quarter. Morton Capital Management LLC CA’s holdings in iShares S&P 500 Growth ETF were worth $1,451,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter worth $26,000. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000. Ryan Investment Management Inc. purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $36,000. Finally, Financial Consulate Inc. purchased a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $41,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $124.66 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 firm has a market capitalization of $67.34 billion, a PE ratio of 33.33 and a beta of 1.11. The business has a 50 day simple moving average of $122.93 and a 200-day simple moving average of $118.61.

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.