BAM Wealth Management LLC Takes Position in iShares S&P 500 Growth ETF $IVW

BAM Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 5,865 shares of the company’s stock, valued at approximately $708,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sax Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 142.3% in the second quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after purchasing an additional 10,572 shares during the last quarter. Embree Financial Group increased its stake in shares of iShares S&P 500 Growth ETF by 358.1% in the 3rd quarter. Embree Financial Group now owns 38,283 shares of the company’s stock worth $4,621,000 after acquiring an additional 29,926 shares during the last quarter. First Horizon Corp purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $4,237,000. Atlantic Union Bankshares Corp boosted its position in shares of iShares S&P 500 Growth ETF by 114.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock valued at $1,397,000 after acquiring an additional 6,761 shares during the last quarter. Finally, Great Point Wealth Advisors LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $4,409,000.

iShares S&P 500 Growth ETF Trading Up 0.4%

iShares S&P 500 Growth ETF stock opened at $123.52 on Friday. The company has a 50-day moving average price of $123.03 and a 200 day moving average price of $119.58. 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 cap of $66.28 billion, a P/E 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.