American Wealth Advisors LLC Purchases New Holdings in iShares S&P 500 Growth ETF $IVW

American Wealth Advisors LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 128,221 shares of the company’s stock, valued at approximately $15,479,000. iShares S&P 500 Growth ETF accounts for about 15.3% of American Wealth Advisors LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds have also recently bought and sold shares of the company. JT Stratford LLC raised its position in shares of iShares S&P 500 Growth ETF by 0.7% during the third quarter. JT Stratford LLC now owns 37,484 shares of the company’s stock worth $4,525,000 after acquiring an additional 252 shares during the last quarter. Cambria Investment Management L.P. boosted its holdings in iShares S&P 500 Growth ETF by 216.4% in the third quarter. Cambria Investment Management L.P. now owns 8,946 shares of the company’s stock valued at $1,080,000 after acquiring an additional 6,119 shares during the last quarter. Laffer Tengler Investments Inc. bought a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $2,999,000. Insigneo Advisory Services LLC increased its position in iShares S&P 500 Growth ETF by 22.1% in the third quarter. Insigneo Advisory Services LLC now owns 10,843 shares of the company’s stock worth $1,309,000 after purchasing an additional 1,963 shares during the period. Finally, Bellwether Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 2.7% during the 3rd quarter. Bellwether Advisors LLC now owns 17,328 shares of the company’s stock worth $2,092,000 after purchasing an additional 451 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 1.0%

iShares S&P 500 Growth ETF stock opened at $119.88 on Thursday. The company has a market cap of $64.35 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The company’s 50-day moving average is $122.40 and its two-hundred day moving average is $121.22.

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.