Element Wealth LLC Boosts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Element Wealth LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 31.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 577 shares of the company’s stock after purchasing an additional 137 shares during the quarter. Element Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $55,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Inspire Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 4.4% in the 3rd quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after purchasing an additional 109 shares in the last quarter. Annex Advisory Services LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 2.7% during the second quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock valued at $385,000 after purchasing an additional 110 shares during the period. Massmutual Trust Co. FSB ADV increased its holdings in shares of iShares S&P 500 Growth ETF by 10.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after purchasing an additional 120 shares during the period. Texas Capital Bancshares Inc TX boosted its stake in iShares S&P 500 Growth ETF by 4.1% during the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock valued at $262,000 after buying an additional 122 shares in the last quarter. Finally, Processus Wealth & Capital Management LLC boosted its stake in iShares S&P 500 Growth ETF by 1.0% during the second quarter. Processus Wealth & Capital Management LLC now owns 12,423 shares of the company’s stock valued at $1,150,000 after buying an additional 122 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.6 %

NYSEARCA:IVW opened at $97.07 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $98.27. The firm has a market capitalization of $50.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day simple moving average of $94.18 and a 200 day simple moving average of $90.40.

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.