Dorsey Wright & Associates Has $3.13 Million Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Dorsey Wright & Associates cut its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 32,670 shares of the company’s stock after selling 2,072 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares S&P 500 Growth ETF were worth $3,128,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Lantz Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 53.7% during the second quarter. Lantz Financial LLC now owns 51,974 shares of the company’s stock worth $4,810,000 after buying an additional 18,156 shares during the period. QRG Capital Management Inc. boosted its position in iShares S&P 500 Growth ETF by 9.2% during the second quarter. QRG Capital Management Inc. now owns 9,231 shares of the company’s stock valued at $854,000 after acquiring an additional 774 shares during the last quarter. Andrew Hill Investment Advisors Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth about $203,000. Aspire Private Capital LLC raised its position in shares of iShares S&P 500 Growth ETF by 69.2% in the 2nd quarter. Aspire Private Capital LLC now owns 17,434 shares of the company’s stock worth $1,613,000 after acquiring an additional 7,132 shares in the last quarter. Finally, Fifth Third Securities Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 12.1% in the 2nd quarter. Fifth Third Securities Inc. now owns 122,979 shares of the company’s stock valued at $11,380,000 after purchasing an additional 13,258 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $103.99 on Friday. The stock has a market capitalization of $54.48 billion, a P/E ratio of 28.52 and a beta of 1.14. The business has a 50 day simple moving average of $98.45 and a 200 day simple moving average of $94.02. iShares S&P 500 Growth ETF has a one year low of $72.51 and a one year high of $104.14.

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.