Lion Street Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lion Street Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 3,762 shares of the company’s stock, valued at approximately $348,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Watershed Private Wealth LLC lifted its stake in iShares S&P 500 Growth ETF by 3.6% during the fourth quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock worth $3,963,000 after purchasing an additional 1,820 shares during the last quarter. Financial Perspectives Inc boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.5% in the 4th quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock valued at $6,829,000 after buying an additional 2,209 shares in the last quarter. Spire Wealth Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 8.2% in the 4th quarter. Spire Wealth Management now owns 201,322 shares of the company’s stock valued at $15,623,000 after buying an additional 15,270 shares in the last quarter. Paradigm Strategies in Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $205,000. Finally, Gimbal Financial acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $12,588,000.

iShares S&P 500 Growth ETF Trading Up 0.7 %

Shares of NYSEARCA IVW traded up $0.65 during trading hours on Friday, reaching $88.06. The stock had a trading volume of 1,636,191 shares, compared to its average volume of 3,292,880. The firm has a 50-day moving average of $91.62 and a 200-day moving average of $86.01. The firm has a market cap of $46.13 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22.

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.