HighTower Advisors LLC Has $177.46 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

HighTower Advisors LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,853,681 shares of the company’s stock after purchasing an additional 112,916 shares during the period. HighTower Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $177,459,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IVW. Hilltop Holdings Inc. boosted its stake in iShares S&P 500 Growth ETF by 15.7% during the 3rd quarter. Hilltop Holdings Inc. now owns 4,284 shares of the company’s stock valued at $410,000 after purchasing an additional 581 shares during the period. Benjamin Edwards Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $879,000. Kestra Investment Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $302,000. FSA Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at $113,000. Finally, Tradition Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Tradition Wealth Management LLC now owns 81,992 shares of the company’s stock worth $7,851,000 after purchasing an additional 328 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7 %

NYSEARCA:IVW opened at $101.65 on Tuesday. iShares S&P 500 Growth ETF has a 12-month low of $71.93 and a 12-month high of $101.83. The firm has a market capitalization of $53.25 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s fifty day simple moving average is $97.70 and its 200-day simple moving average is $93.50.

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.