iShares S&P 500 Growth ETF $IVW Shares Bought by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 51,407 shares of the company’s stock after buying an additional 1,552 shares during the quarter. iShares S&P 500 Growth ETF comprises about 2.7% of SGL Investment Advisors Inc.’s holdings, making the stock its 7th largest position. SGL Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,650,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVW. LongView Wealth Management raised its stake in iShares S&P 500 Growth ETF by 0.9% during the 2nd quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock valued at $1,190,000 after acquiring an additional 94 shares in the last quarter. Cape ANN Savings Bank grew its stake in shares of iShares S&P 500 Growth ETF by 4.2% in the first quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock worth $230,000 after purchasing an additional 100 shares in the last quarter. Buska Wealth Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.4% during the second quarter. Buska Wealth Management LLC now owns 8,166 shares of the company’s stock valued at $899,000 after purchasing an additional 111 shares during the period. Fulton Bank N.A. raised its stake in shares of iShares S&P 500 Growth ETF by 2.4% during the second quarter. Fulton Bank N.A. now owns 4,952 shares of the company’s stock valued at $545,000 after purchasing an additional 116 shares in the last quarter. Finally, Silverlake Wealth Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 4.5% in the first quarter. Silverlake Wealth Management LLC now owns 2,730 shares of the company’s stock worth $253,000 after purchasing an additional 117 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.5%

Shares of IVW opened at $121.64 on Tuesday. The firm has a market capitalization of $66.34 billion, a PE ratio of 33.33 and a beta of 1.05. The firm has a 50-day moving average price of $116.83 and a 200 day moving average price of $106.64. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $121.92.

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.