iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Raised by SMART Wealth LLC

SMART Wealth LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,409 shares of the company’s stock after purchasing an additional 188 shares during the quarter. SMART Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $231,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IVW. 1620 Investment Advisors Inc. purchased a new stake in iShares S&P 500 Growth ETF during the second quarter valued at about $34,000. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter valued at $35,000. Davis Capital Management lifted its stake in iShares S&P 500 Growth ETF by 78.4% in the 3rd 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. Rosenberg Matthew Hamilton boosted its position in iShares S&P 500 Growth ETF by 37.1% during the 2nd quarter. Rosenberg Matthew Hamilton now owns 499 shares of the company’s stock worth $47,000 after acquiring an additional 135 shares during the period. Finally, Element Wealth LLC grew its stake 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 valued at $55,000 after acquiring an additional 137 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $104.36 on Monday. The firm has a market capitalization of $54.67 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company has a 50 day simple moving average of $99.34 and a 200-day simple moving average of $94.65. iShares S&P 500 Growth ETF has a 52-week low of $72.69 and a 52-week high of $105.09.

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.