Austin Private Wealth LLC Grows Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Austin Private Wealth LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 570,025 shares of the company’s stock after acquiring an additional 8,792 shares during the period. iShares S&P 500 Growth ETF makes up 5.3% of Austin Private Wealth LLC’s holdings, making the stock its 4th largest position. Austin Private Wealth LLC owned approximately 0.11% of iShares S&P 500 Growth ETF worth $54,580,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. increased its position in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the period. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC grew its position in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after buying an additional 199 shares during the last quarter. Finally, Davis Capital Management increased its holdings in shares of iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.9 %

Shares of IVW traded up $0.87 during midday trading on Tuesday, hitting $96.37. The stock had a trading volume of 316,591 shares, compared to its average volume of 2,899,467. iShares S&P 500 Growth ETF has a fifty-two week low of $69.29 and a fifty-two week high of $98.68. The business has a 50-day simple moving average of $94.74 and a two-hundred day simple moving average of $91.23. The firm has a market cap of $50.49 billion, a P/E ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.