Graypoint LLC Purchases 35,766 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Graypoint LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 245,504 shares of the company’s stock after purchasing an additional 35,766 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.5% of Graypoint LLC’s holdings, making the stock its 15th biggest position. Graypoint LLC’s holdings in iShares S&P 500 Growth ETF were worth $24,926,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. River Street Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 17.5% during the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after buying an additional 1,483 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 87.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after purchasing an additional 693,848 shares during the period. Citigroup Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 11.5% during the 3rd quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after buying an additional 34,624 shares in the last quarter. Capstone Triton Financial Group LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth $200,000. Finally, EverSource Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 23,552 shares of the company’s stock worth $2,150,000 after buying an additional 7,591 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded down $1.46 during mid-day trading on Friday, reaching $101.08. The company’s stock had a trading volume of 1,922,739 shares, compared to its average volume of 2,074,384. The stock has a fifty day moving average of $101.71 and a two-hundred day moving average of $96.30. The firm has a market capitalization of $52.96 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $74.61 and a 52 week high of $105.64.

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.