Schrum Private Wealth Management LLC Acquires 3,298 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Schrum Private Wealth Management LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 128.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,862 shares of the company’s stock after acquiring an additional 3,298 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $561,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Kovack Advisors Inc. boosted its holdings in iShares S&P 500 Growth ETF by 147.4% in the third quarter. Kovack Advisors Inc. now owns 10,615 shares of the company’s stock worth $1,016,000 after purchasing an additional 6,325 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 12.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 71,845 shares of the company’s stock worth $6,879,000 after acquiring an additional 7,751 shares in the last quarter. Strategic Equity Management increased its holdings in shares of iShares S&P 500 Growth ETF by 23.6% during the 3rd quarter. Strategic Equity Management now owns 109,686 shares of the company’s stock valued at $10,502,000 after acquiring an additional 20,971 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 4.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 46,185 shares of the company’s stock worth $4,422,000 after purchasing an additional 2,055 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC boosted its position in iShares S&P 500 Growth ETF by 3.0% during the third quarter. Commonwealth Retirement Investments LLC now owns 31,104 shares of the company’s stock worth $2,978,000 after purchasing an additional 916 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.2 %

Shares of NYSEARCA:IVW traded down $0.19 during trading on Wednesday, reaching $100.89. The stock had a trading volume of 1,103,838 shares, compared to its average volume of 2,912,043. The stock has a fifty day simple moving average of $95.64 and a two-hundred day simple moving average of $92.03. The firm has a market capitalization of $52.86 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $71.53 and a 52 week high of $101.43.

About iShares S&P 500 Growth ETF

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.