Quadrant Private Wealth Management LLC Boosts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Quadrant Private Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 69,738 shares of the company’s stock after acquiring an additional 4,264 shares during the period. iShares S&P 500 Growth ETF makes up 1.7% of Quadrant Private Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,080,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Alpha Financial Partners LLC purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth $11,343,000. Creative Planning increased its holdings in shares of iShares S&P 500 Growth ETF by 3.3% in the third quarter. Creative Planning now owns 506,415 shares of the company’s stock valued at $48,489,000 after purchasing an additional 15,976 shares during the period. Good Life Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 102.0% during the third quarter. Good Life Advisors LLC now owns 5,076 shares of the company’s stock worth $486,000 after purchasing an additional 2,563 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of iShares S&P 500 Growth ETF by 8.5% during the third quarter. Trust Co. of Vermont now owns 2,653 shares of the company’s stock worth $254,000 after purchasing an additional 208 shares during the period. Finally, LexAurum Advisors LLC grew its position in iShares S&P 500 Growth ETF by 9.9% in the 3rd quarter. LexAurum Advisors LLC now owns 9,904 shares of the company’s stock valued at $948,000 after buying an additional 893 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $106.63 on Friday. The stock has a market capitalization of $55.86 billion, a PE ratio of 28.52 and a beta of 1.14. The company has a fifty day moving average of $103.79 and a 200-day moving average of $98.13. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14.

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.