Heck Capital Advisors LLC Invests $8.97 Million in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Heck Capital Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 88,326 shares of the company’s stock, valued at approximately $8,968,000. iShares S&P 500 Growth ETF makes up approximately 0.6% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Austin Private Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 2.2% in the 4th quarter. Austin Private Wealth LLC now owns 582,437 shares of the company’s stock valued at $59,135,000 after purchasing an additional 12,412 shares during the period. Swmg LLC grew its position in shares of iShares S&P 500 Growth ETF by 8.1% during the fourth quarter. Swmg LLC now owns 127,028 shares of the company’s stock worth $13,483,000 after acquiring an additional 9,471 shares during the last quarter. Caprock Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $669,000. Saxony Capital Management LLC boosted its stake in iShares S&P 500 Growth ETF by 47.0% during the 4th quarter. Saxony Capital Management LLC now owns 31,985 shares of the company’s stock worth $3,247,000 after purchasing an additional 10,220 shares during the period. Finally, Turtle Creek Wealth Advisors LLC grew its position in iShares S&P 500 Growth ETF by 8.0% during the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 29,438 shares of the company’s stock worth $2,989,000 after purchasing an additional 2,170 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $104.19 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $77.20 and a fifty-two week high of $107.14. The firm has a 50-day simple moving average of $103.03 and a 200-day simple moving average of $97.27. The company has a market capitalization of $54.59 billion, a price-to-earnings 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.