Great Point Wealth Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Great Point Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 36,522 shares of the company’s stock, valued at approximately $4,409,000. iShares S&P 500 Growth ETF makes up 0.8% of Great Point Wealth Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

A number of other hedge funds have also bought and sold shares of the company. Davis Capital Management acquired a new stake in iShares S&P 500 Growth ETF during the third quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $30,000. Ryan Investment Management Inc. bought a new position in iShares S&P 500 Growth ETF during the second quarter worth $36,000. Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter worth $41,000. Finally, Morgan Dempsey Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF during the second quarter valued at $44,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $123.93 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The firm’s 50-day moving average is $123.04 and its 200-day moving average is $119.14. The company has a market cap of $66.88 billion, a P/E ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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