Accelerate Investment Advisors LLC Buys New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Accelerate Investment Advisors LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,679 shares of the company’s stock, valued at approximately $1,214,000. iShares S&P 500 Growth ETF makes up about 1.2% of Accelerate Investment Advisors LLC’s holdings, making the stock its 17th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Annex Advisory Services LLC raised its holdings in iShares S&P 500 Growth ETF by 2.7% during the 2nd quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after buying an additional 110 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its holdings in shares of iShares S&P 500 Growth ETF by 10.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock worth $122,000 after purchasing an additional 120 shares during the period. Texas Capital Bancshares Inc TX grew its stake in shares of iShares S&P 500 Growth ETF by 4.1% in the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after purchasing an additional 122 shares during the last quarter. Processus Wealth & Capital Management LLC increased its holdings in iShares S&P 500 Growth ETF by 1.0% during the 2nd quarter. Processus Wealth & Capital Management LLC now owns 12,423 shares of the company’s stock valued at $1,150,000 after purchasing an additional 122 shares during the period. Finally, Diversified LLC raised its position in iShares S&P 500 Growth ETF by 4.3% during the 2nd quarter. Diversified LLC now owns 3,013 shares of the company’s stock valued at $279,000 after purchasing an additional 123 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

Shares of NYSEARCA IVW opened at $96.90 on Monday. The firm has a fifty day simple moving average of $92.62 and a two-hundred day simple moving average of $89.71. The firm has a market capitalization of $50.77 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22.

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.