iShares S&P 500 Growth ETF (NYSEARCA:IVW) Reaches New 52-Week High – What’s Next?

iShares S&P 500 Growth ETF (NYSEARCA:IVWGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $98.46 and last traded at $98.44, with a volume of 466951 shares. The stock had previously closed at $97.66.

iShares S&P 500 Growth ETF Stock Down 2.8 %

The stock has a fifty day moving average of $94.61 and a two-hundred day moving average of $90.88. The stock has a market cap of $49.84 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

Institutional Investors Weigh In On iShares S&P 500 Growth ETF

Several large investors have recently made changes to their positions in the business. CarsonAllaria Wealth Management Ltd. raised its position in iShares S&P 500 Growth ETF by 45.5% in the first 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. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth 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 valued at $39,000 after acquiring an additional 199 shares in the last quarter. Finally, Davis Capital Management raised its stake 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 valued at $39,000 after purchasing an additional 181 shares during the period.

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.

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