Watts Gwilliam & Co. LLC Has $12.23 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Watts Gwilliam & Co. LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 119,416 shares of the company’s stock after purchasing an additional 7,334 shares during the period. iShares S&P 500 Growth ETF makes up about 2.6% of Watts Gwilliam & Co. LLC’s portfolio, making the stock its 6th biggest position. Watts Gwilliam & Co. LLC’s holdings in iShares S&P 500 Growth ETF were worth $12,229,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IVW. Davis Capital Management raised its stake in 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 worth $39,000 after acquiring an additional 181 shares in the last quarter. Element Wealth LLC increased its position in iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares in the last quarter. Valued Wealth Advisors LLC lifted its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the last quarter. Copley Financial Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $66,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $102.54 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $73.94 and a 52 week high of $105.64. The stock has a market capitalization of $53.72 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day moving average of $101.71 and a 200-day moving average of $96.30.

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.