Saxony Capital Management LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 19.5% in the third quarter, HoldingsChannel reports. The firm owned 21,765 shares of the company’s stock after acquiring an additional 3,548 shares during the period. iShares S&P 500 Growth ETF makes up 1.9% of Saxony Capital Management LLC’s investment portfolio, making the stock its 14th largest position. Saxony Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,084,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Foster Victor Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at $226,000. FineMark National Bank & Trust raised its position in shares of iShares S&P 500 Growth ETF by 4.8% during the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock worth $6,575,000 after buying an additional 3,279 shares in the last quarter. Powell Investment Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 0.9% in the 1st quarter. Powell Investment Advisors LLC now owns 250,701 shares of the company’s stock worth $21,169,000 after acquiring an additional 2,120 shares during the period. BKM Wealth Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 2.3% in the first quarter. BKM Wealth Management LLC now owns 104,775 shares of the company’s stock valued at $8,847,000 after acquiring an additional 2,375 shares in the last quarter. Finally, Pettinga Financial Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 189.0% in the first quarter. Pettinga Financial Advisors LLC now owns 222,982 shares of the company’s stock valued at $18,829,000 after acquiring an additional 145,836 shares in the last quarter.
iShares S&P 500 Growth ETF Stock Performance
IVW opened at $97.98 on Wednesday. The company has a market capitalization of $51.33 billion, a PE ratio of 28.52 and a beta of 1.14. The stock’s fifty day moving average is $94.06 and its 200-day moving average is $90.36. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $98.27.
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.
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