iShares S&P 500 Growth ETF (NYSEARCA:IVW) Reaches New 12-Month High – Here’s What Happened

Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $121.95 and last traded at $120.98, with a volume of 1255786 shares changing hands. The stock had previously closed at $121.64.

iShares S&P 500 Growth ETF Price Performance

The firm’s 50-day moving average price is $116.98 and its 200 day moving average price is $106.74. The firm has a market capitalization of $65.98 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.

Institutional Trading of iShares S&P 500 Growth ETF

Several large investors have recently modified their holdings of IVW. TCP Asset Management LLC boosted its position in iShares S&P 500 Growth ETF by 1.8% during the third quarter. TCP Asset Management LLC now owns 154,292 shares of the company’s stock worth $18,626,000 after acquiring an additional 2,697 shares during the last quarter. Montecito Bank & Trust acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $3,113,000. Acropolis Investment Management LLC boosted its position in iShares S&P 500 Growth ETF by 2.3% during the third quarter. Acropolis Investment Management LLC now owns 158,497 shares of the company’s stock worth $17,450,000 after acquiring an additional 3,492 shares during the last quarter. ST Germain D J Co. Inc. boosted its position in iShares S&P 500 Growth ETF by 695.0% during the third quarter. ST Germain D J Co. Inc. now owns 3,363 shares of the company’s stock worth $406,000 after acquiring an additional 2,940 shares during the last quarter. Finally, Family Legacy Financial Solutions LLC boosted its position in iShares S&P 500 Growth ETF by 940.5% during the third quarter. Family Legacy Financial Solutions LLC now owns 770 shares of the company’s stock worth $93,000 after acquiring an additional 696 shares during the last quarter.

iShares S&P 500 Growth ETF Company Profile

(Get Free Report)

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.

Further Reading

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