Moneta Group Investment Advisors LLC Increases Position in iShares S&P 500 Growth ETF $IVW

Moneta Group Investment Advisors LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,293,428 shares of the company’s stock after acquiring an additional 30,050 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.2% of Moneta Group Investment Advisors LLC’s holdings, making the stock its 18th biggest holding. Moneta Group Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $156,143,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IVW. Davis Capital Management acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000. Howe & Rusling Inc. grew its holdings in iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the period. Financial Consulate Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $41,000. Finally, Optiver Holding B.V. acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $46,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $118.23 on Tuesday. The company has a market cap of $63.47 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The company has a 50-day moving average of $121.56 and a 200-day moving average of $121.49.

iShares S&P 500 Growth ETF 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. 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.