12,987 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Bought by Institute for Wealth Management LLC.

Institute for Wealth Management LLC. bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 12,987 shares of the company’s stock, valued at approximately $2,338,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its position in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 305,217 shares of the company’s stock worth $54,707,000 after buying an additional 1,207 shares during the period. CWH Capital Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 5.0% in the 3rd quarter. CWH Capital Management Inc. now owns 12,151 shares of the company’s stock worth $2,188,000 after buying an additional 583 shares during the period. Texas Capital Bancshares Inc. TX raised its position in shares of iShares S&P 500 Growth ETF by 75.3% in the 3rd quarter. Texas Capital Bancshares Inc. TX now owns 16,284 shares of the company’s stock worth $2,932,000 after buying an additional 6,995 shares during the period. Pinnacle Financial Partners Inc. raised its position in shares of iShares S&P 500 Growth ETF by 11.5% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 11,847 shares of the company’s stock worth $2,133,000 after buying an additional 1,220 shares during the period. Finally, Taylor Cottrill Erickson & Associates Inc. raised its position in shares of iShares S&P 500 Growth ETF by 2.4% in the 3rd quarter. Taylor Cottrill Erickson & Associates Inc. now owns 3,286 shares of the company’s stock worth $592,000 after buying an additional 78 shares during the period.

Shares of IVW traded up $1.30 during trading hours on Monday, hitting $182.75. The stock had a trading volume of 329,000 shares, compared to its average volume of 575,920. The company’s fifty day simple moving average is $180.44 and its 200 day simple moving average is $178.70. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $185.23.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were given a $0.6213 dividend. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 24th.

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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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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