Eagle Bay Advisors LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 72.4% in the third quarter, Holdings Channel reports. The institutional investor owned 10,843 shares of the company’s stock after acquiring an additional 4,554 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.1% of Eagle Bay Advisors LLC’s holdings, making the stock its 23rd largest position. Eagle Bay Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,543,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Pension & Wealth Management Advisors Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 4,429 shares of the company’s stock worth $630,000 after acquiring an additional 592 shares during the last quarter. Newport Capital Group LLC acquired a new stake in iShares S&P 500 Growth ETF during the third quarter valued at $10,691,000. Annex Advisory Services LLC boosted its position in iShares S&P 500 Growth ETF by 4.2% during the third quarter. Annex Advisory Services LLC now owns 4,494 shares of the company’s stock valued at $639,000 after purchasing an additional 182 shares during the last quarter. Riverbend Wealth Management LLC boosted its position in iShares S&P 500 Growth ETF by 172.9% during the third quarter. Riverbend Wealth Management LLC now owns 7,025 shares of the company’s stock valued at $999,000 after purchasing an additional 4,451 shares during the last quarter. Finally, Legacy Wealth Partners LLC boosted its position in iShares S&P 500 Growth ETF by 3.4% during the third quarter. Legacy Wealth Partners LLC now owns 10,051 shares of the company’s stock valued at $1,430,000 after purchasing an additional 327 shares during the last quarter.
iShares S&P 500 Growth ETF Price Performance
Shares of NYSEARCA IVW opened at $138.93 on Friday. The business’s 50-day moving average price is $141.13 and its two-hundred day moving average price is $135.73. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $146.83. The company has a market capitalization of $76.86 billion, a P/E ratio of 33.33 and a beta of 1.17.
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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.
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