Gallagher Capital Advisors LLC Purchases 68,000 Shares of iShares S&P 500 Growth ETF $IVW

Gallagher Capital Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 67.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 168,300 shares of the company’s stock after purchasing an additional 68,000 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 12.9% of Gallagher Capital Advisors LLC’s holdings, making the stock its biggest position. Gallagher Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $21,054,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Davis Capital Management bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $28,000. Howe & Rusling Inc. boosted 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 worth $31,000 after acquiring an additional 213 shares during the period. Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $30,000. Financial Consulate Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $41,000. Finally, Morgan Dempsey Capital Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at $44,000.

iShares S&P 500 Growth ETF Stock Up 1.1%

Shares of NYSEARCA IVW opened at $122.55 on Tuesday. The firm’s 50-day simple moving average is $123.47 and its 200 day simple moving average is $120.57. The stock has a market cap of $65.78 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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.