Austin Private Wealth LLC Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Austin Private Wealth LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 570,025 shares of the company’s stock after acquiring an additional 8,792 shares during the period. iShares S&P 500 Growth ETF comprises about 5.3% of Austin Private Wealth LLC’s holdings, making the stock its 4th biggest position. Austin Private Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $54,580,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Greenwood Capital Associates LLC acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $207,000. Moloney Securities Asset Management LLC increased its stake in shares of iShares S&P 500 Growth ETF by 0.7% in the third quarter. Moloney Securities Asset Management LLC now owns 82,092 shares of the company’s stock valued at $7,860,000 after buying an additional 543 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in iShares S&P 500 Growth ETF by 16.4% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 8,263 shares of the company’s stock worth $792,000 after buying an additional 1,167 shares in the last quarter. First National Bank of Mount Dora Trust Investment Services bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth about $201,000. Finally, World Equity Group Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 81.4% in the third quarter. World Equity Group Inc. now owns 13,535 shares of the company’s stock worth $1,296,000 after acquiring an additional 6,075 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded up $0.87 on Tuesday, reaching $96.37. 316,591 shares of the stock were exchanged, compared to its average volume of 2,899,467. The stock has a 50 day moving average price of $94.74 and a 200 day moving average price of $91.23. The stock has a market cap of $50.49 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $69.29 and a one year high of $98.68.

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.