Capital Advantage Inc. Buys 7,396 Shares of iShares S&P 500 Growth ETF $IVW

Capital Advantage Inc. boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 40.9% in the fourth quarter, HoldingsChannel reports. The firm owned 25,498 shares of the company’s stock after buying an additional 7,396 shares during the period. Capital Advantage Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,143,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IVW. TrueWealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 6.2% in the 4th quarter. TrueWealth Advisors LLC now owns 4,320 shares of the company’s stock valued at $532,000 after buying an additional 253 shares in the last quarter. TCP Asset Management LLC raised its stake in iShares S&P 500 Growth ETF by 3.4% during the 4th quarter. TCP Asset Management LLC now owns 159,531 shares of the company’s stock worth $19,664,000 after buying an additional 5,239 shares during the period. Everhart Financial Group Inc. boosted its holdings in iShares S&P 500 Growth ETF by 4.6% in the fourth quarter. Everhart Financial Group Inc. now owns 6,596 shares of the company’s stock worth $813,000 after acquiring an additional 293 shares in the last quarter. RDA Financial Network acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $206,000. Finally, Ransom Advisory Ltd acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $37,000.

iShares S&P 500 Growth ETF Stock Down 2.0%

NYSEARCA IVW opened at $114.13 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The business has a 50 day moving average price of $120.92 and a 200-day moving average price of $121.44. The company has a market cap of $61.26 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF 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.