Mutual Advisors LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mutual Advisors LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 138,156 shares of the company’s stock after acquiring an additional 7,827 shares during the period. Mutual Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. boosted its position in shares of iShares S&P 500 Growth ETF by 45.5% during the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after buying an additional 125 shares during the period. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $34,000. Financial Connections Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC boosted its position in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares during the period. Finally, Davis Capital Management boosted its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $98.45 on Wednesday. The firm has a market capitalization of $51.58 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a 50 day simple moving average of $94.54 and a two-hundred day simple moving average of $90.83. iShares S&P 500 Growth ETF has a 1 year low of $65.98 and a 1 year high of $98.68.

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.