W Advisors LLC Has $11.69 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

W Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.3% during the second quarter, Holdings Channel.com reports. The firm owned 126,321 shares of the company’s stock after buying an additional 9,718 shares during the quarter. iShares S&P 500 Growth ETF accounts for 7.7% of W Advisors LLC’s portfolio, making the stock its biggest holding. W Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,690,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. TSA Wealth Managment LLC bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $3,960,000. Gordian Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $299,000. Foundations Investment Advisors LLC grew its position in iShares S&P 500 Growth ETF by 9.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 676,020 shares of the company’s stock worth $53,027,000 after buying an additional 58,816 shares in the last quarter. Krilogy Financial LLC increased its stake in iShares S&P 500 Growth ETF by 3.2% during the 1st quarter. Krilogy Financial LLC now owns 25,870 shares of the company’s stock worth $2,184,000 after acquiring an additional 792 shares during the period. Finally, EQ LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $711,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $88.22 on Friday. 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 company has a market cap of $46.22 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day moving average price of $91.95 and a 200-day moving average price of $87.73.

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.