Steigerwald Gordon & Koch Inc. Has $370,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Steigerwald Gordon & Koch Inc. raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,995 shares of the company’s stock after purchasing an additional 349 shares during the quarter. Steigerwald Gordon & Koch Inc.’s holdings in iShares S&P 500 Growth ETF were worth $370,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of 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. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $34,000. Financial Connections Group Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at about $35,000. GPS Wealth Strategies Group LLC boosted its position in iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the period. Finally, Avondale Wealth Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW traded up $0.53 on Tuesday, reaching $89.78. The company had a trading volume of 103,377 shares, compared to its average volume of 3,175,403. The company has a market cap of $47.04 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $65.53 and a 52-week high of $97.22. The business has a 50 day simple moving average of $91.87 and a 200 day simple moving average of $87.83.

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.