iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Increased by Grimes & Company Inc.

Grimes & Company Inc. increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,313 shares of the company’s stock after buying an additional 423 shares during the period. Grimes & Company Inc.’s holdings in iShares S&P 500 Growth ETF were worth $280,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IVW. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $29,000. Life Planning Partners Inc acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $32,000. Northwest Financial Advisors acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $38,000. Finally, Ruedi Wealth Management Inc. boosted its holdings in iShares S&P 500 Growth ETF by 1,361.4% in the fourth quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock worth $48,000 after purchasing an additional 599 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.8 %

iShares S&P 500 Growth ETF stock traded down $0.71 during mid-day trading on Friday, reaching $92.54. The company’s stock had a trading volume of 1,918,465 shares, compared to its average volume of 3,389,791. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $94.17. The firm has a market cap of $48.48 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a 50 day moving average price of $87.28 and a 200-day moving average price of $82.55.

iShares S&P 500 Growth ETF 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.