Nwam LLC Makes New $5.48 Million Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Nwam LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, HoldingsChannel reports. The fund purchased 57,242 shares of the company’s stock, valued at approximately $5,481,000.

Other institutional investors have also added to or reduced their stakes in the company. River Street Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after purchasing an additional 1,483 shares during the last quarter. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $226,000. FineMark National Bank & Trust boosted its stake in iShares S&P 500 Growth ETF by 4.8% during the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after buying an additional 3,279 shares during the period. Choreo LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 13.8% during the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock worth $47,239,000 after purchasing an additional 61,420 shares in the last quarter. Finally, Adaptive Financial Consulting LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock worth $18,126,000 after buying an additional 2,383 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.1 %

NYSEARCA IVW opened at $99.71 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $71.93 and a 1-year high of $101.55. The stock has a 50-day moving average of $96.93 and a 200-day moving average of $92.75. The firm has a market cap of $52.24 billion, a PE ratio of 28.52 and a beta of 1.14.

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.