iShares S&P 500 Growth ETF $IVW Stock Holdings Increased by BIP Wealth LLC

BIP Wealth LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 92.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 17,826 shares of the company’s stock after acquiring an additional 8,580 shares during the quarter. BIP Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,152,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $30,000. Financial Consulate Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $41,000. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $44,000. Finally, ST Germain D J Co. Inc. increased its position in iShares S&P 500 Growth ETF by 655.4% in the 2nd quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after purchasing an additional 367 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0%

NYSEARCA IVW opened at $122.07 on Thursday. The stock has a market capitalization of $65.61 billion, a PE 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 price of $122.94 and a two-hundred day moving average price of $119.46.

About iShares S&P 500 Growth ETF

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.