Andrew Hill Investment Advisors Inc. Acquires Shares of 2,197 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Andrew Hill Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, HoldingsChannel reports. The fund bought 2,197 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds have also recently bought and sold shares of the company. Goodwin Investment Advisory acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $29,000. CarsonAllaria Wealth Management Ltd. lifted its stake in iShares S&P 500 Growth ETF by 45.5% in the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the last quarter. Northwest Financial Advisors acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $38,000. Avondale Wealth Management grew its stake in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after buying an additional 156 shares during the last quarter. Finally, Adirondack Trust Co. acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth $43,000.

iShares S&P 500 Growth ETF Trading Up 0.4 %

NYSEARCA:IVW traded up $0.33 during mid-day trading on Monday, hitting $88.39. 1,416,212 shares of the company’s stock were exchanged, compared to its average volume of 3,280,694. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $97.22. The firm has a market capitalization of $46.31 billion, a P/E ratio of 28.52 and a beta of 1.14. The company has a 50 day simple moving average of $91.62 and a 200-day simple moving average of $86.12.

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.