Swmg LLC Increases Stock Holdings in iShares S&P 500 Growth ETF $IVW

Swmg LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.6% in the 3rd quarter, Holdings Channel reports. The fund owned 174,486 shares of the company’s stock after buying an additional 32,172 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 6.4% of Swmg LLC’s investment portfolio, making the stock its 2nd biggest position. Swmg LLC’s holdings in iShares S&P 500 Growth ETF were worth $21,191,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $30,000. Ryan Investment Management Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $36,000. Financial Consulate Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $41,000. Finally, Morgan Dempsey Capital Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $44,000.

iShares S&P 500 Growth ETF Trading Up 0.8%

Shares of NYSEARCA:IVW opened at $124.66 on Friday. The stock has a fifty day simple moving average of $122.93 and a two-hundred day simple moving average of $118.69. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock has a market capitalization of $67.28 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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. 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.