Cambria Investment Management L.P. Buys 6,119 Shares of iShares S&P 500 Growth ETF $IVW

Cambria Investment Management L.P. boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 216.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 8,946 shares of the company’s stock after purchasing an additional 6,119 shares during the quarter. Cambria Investment Management L.P.’s holdings in iShares S&P 500 Growth ETF were worth $1,080,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Embree Financial Group increased its holdings in shares of iShares S&P 500 Growth ETF by 358.1% during the third quarter. Embree Financial Group now owns 38,283 shares of the company’s stock worth $4,621,000 after buying an additional 29,926 shares in the last quarter. First Horizon Corp acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $4,237,000. Atria Investments Inc boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock worth $55,220,000 after acquiring an additional 19,917 shares in the last quarter. Clark Financial Services Group Inc. BD boosted its holdings in shares of iShares S&P 500 Growth ETF by 38.7% in the 3rd quarter. Clark Financial Services Group Inc. BD now owns 109,021 shares of the company’s stock worth $13,161,000 after acquiring an additional 30,407 shares in the last quarter. Finally, Fortis Capital Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 58.9% in the 3rd quarter. Fortis Capital Advisors LLC now owns 18,152 shares of the company’s stock worth $2,191,000 after acquiring an additional 6,732 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $116.40 on Friday. The stock has a fifty day moving average price of $121.13 and a two-hundred day moving average price of $121.45. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The company has a market cap of $62.48 billion, a price-to-earnings 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.