Cape Investment Advisory Inc. Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cape Investment Advisory Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.8% during the 1st quarter, HoldingsChannel reports. The fund owned 1,386 shares of the company’s stock after acquiring an additional 513 shares during the quarter. Cape Investment Advisory Inc.’s holdings in iShares S&P 500 Growth ETF were worth $117,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Patten & Patten Inc. TN purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $209,000. All Season Financial Advisors Inc. increased its position in shares of iShares S&P 500 Growth ETF by 45.2% in the fourth quarter. All Season Financial Advisors Inc. now owns 7,446 shares of the company’s stock valued at $559,000 after acquiring an additional 2,318 shares during the period. Breakwater Capital Group raised its stake in shares of iShares S&P 500 Growth ETF by 43.9% during the fourth quarter. Breakwater Capital Group now owns 25,410 shares of the company’s stock valued at $1,975,000 after acquiring an additional 7,747 shares during the last quarter. Private Trust Co. NA grew its position in shares of iShares S&P 500 Growth ETF by 8.1% in the 4th quarter. Private Trust Co. NA now owns 21,408 shares of the company’s stock worth $1,608,000 after buying an additional 1,599 shares during the last quarter. Finally, Tempus Wealth Planning LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $2,397,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded down $1.92 on Friday, reaching $87.65. The company’s stock had a trading volume of 5,776,274 shares, compared to its average volume of 3,273,282. The firm has a market cap of $45.92 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a fifty day simple moving average of $91.74 and a two-hundred day simple moving average of $85.74. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22.

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.