Nwam LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Nwam LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 57,242 shares of the company’s stock, valued at approximately $5,481,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $35,000. Davis Capital Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management increased its position in iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after acquiring an additional 156 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $99.71 on Friday. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55. The firm has a market cap of $52.24 billion, a PE ratio of 28.52 and a beta of 1.14. The stock’s fifty day moving average price is $96.93 and its two-hundred day moving average price is $92.75.

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.