May Hill Capital LLC Raises Stock Position in iShares S&P 500 Growth ETF $IVW

May Hill Capital LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 42.7% in the third quarter, HoldingsChannel.com reports. The firm owned 72,401 shares of the company’s stock after buying an additional 21,648 shares during the period. iShares S&P 500 Growth ETF accounts for about 2.6% of May Hill Capital LLC’s investment portfolio, making the stock its 7th largest holding. May Hill Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $8,740,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IVW. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Howe & Rusling Inc. increased its position in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Financial Consulate Inc. bought a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $41,000. Finally, Curio Wealth LLC lifted its position in shares of iShares S&P 500 Growth ETF by 51,800.0% in the 2nd quarter. Curio Wealth LLC now owns 519 shares of the company’s stock worth $57,000 after purchasing an additional 518 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.3%

Shares of NYSEARCA IVW opened at $119.40 on Wednesday. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61. The firm has a fifty day simple moving average of $123.00 and a 200 day simple moving average of $120.84. The company has a market capitalization of $64.09 billion, a PE ratio of 33.33 and a beta of 1.11.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.