iShares S&P 500 Growth ETF (NYSEARCA:IVW) Reaches New 12-Month High – Here’s What Happened

iShares S&P 500 Growth ETF (NYSEARCA:IVW) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $101.69 and last traded at $101.68, with a volume of 196224 shares trading hands. The stock had previously closed at $100.96.

iShares S&P 500 Growth ETF Trading Up 0.6 %

The business’s 50-day moving average is $97.70 and its two-hundred day moving average is $93.50. The stock has a market capitalization of $53.21 billion, a PE ratio of 28.52 and a beta of 1.14.

Hedge Funds Weigh In On iShares S&P 500 Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. River Street Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 17.5% during the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock worth $956,000 after acquiring an additional 1,483 shares in the last quarter. Foster Victor Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $226,000. FineMark National Bank & Trust raised its position in shares of iShares S&P 500 Growth ETF by 4.8% in the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after purchasing an additional 3,279 shares in the last quarter. Choreo LLC raised its position in shares of iShares S&P 500 Growth ETF by 13.8% in the 2nd quarter. Choreo LLC now owns 506,741 shares of the company’s stock valued at $47,239,000 after purchasing an additional 61,420 shares in the last quarter. Finally, Adaptive Financial Consulting LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.2% in the 2nd quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after purchasing an additional 2,383 shares in the last quarter.

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.