iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Acquired by Absolute Capital Management LLC

Absolute Capital Management LLC lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,375 shares of the company’s stock after acquiring an additional 358 shares during the period. Absolute Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $554,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in IVW. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $28,000. Goodwin Investment Advisory acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $29,000. Life Planning Partners Inc acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $32,000. Howe & Rusling Inc. raised its position in shares of iShares S&P 500 Growth ETF by 1,137.2% during the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after acquiring an additional 489 shares in the last quarter. Finally, Capital Investment Counsel Inc acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $82.53 on Friday. The company has a market cap of $43.10 billion, a P/E ratio of 27.41 and a beta of 1.12. The stock has a fifty day moving average price of $83.03 and a 200 day moving average price of $77.08. iShares S&P 500 Growth ETF has a 12 month low of $63.19 and a 12 month high of $85.56.

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.