iShares S&P 500 Growth ETF $IVW Stock: Plancorp LLC Raises Position

Plancorp LLC raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 101.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 311,609 shares of the company’s stock after acquiring an additional 157,224 shares during the quarter. iShares S&P 500 Growth ETF makes up about 1.0% of Plancorp LLC’s holdings, making the stock its 19th biggest holding. Plancorp LLC owned about 0.06% of iShares S&P 500 Growth ETF worth $41,899,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IVW. May Hill Capital LLC raised its position in shares of iShares S&P 500 Growth ETF by 7.5% during the 3rd quarter. May Hill Capital LLC now owns 105,395 shares of the company’s stock worth $14,994,000 after acquiring an additional 7,320 shares in the last quarter. Carmel Capital Partners LLC acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $11,282,000. Ashton Thomas Private Wealth LLC lifted its position in shares of iShares S&P 500 Growth ETF by 7.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 207,095 shares of the company’s stock worth $29,461,000 after buying an additional 14,662 shares during the last quarter. Asset One Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 77.7% in the 3rd quarter. Asset One Wealth Management LLC now owns 102,017 shares of the company’s stock valued at $14,513,000 after buying an additional 44,592 shares in the last quarter. Finally, Arrow Investment Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $4,684,000.

iShares S&P 500 Growth ETF Trading Up 0.9%

NYSEARCA:IVW traded up $1.21 during midday trading on Friday, hitting $129.63. 2,579,546 shares of the company were exchanged, compared to its average volume of 2,974,324. The company has a fifty day simple moving average of $140.00 and a 200 day simple moving average of $132.10. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The company has a market capitalization of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17.

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.