Wealthcare Advisory Partners LLC Has $2.90 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Wealthcare Advisory Partners LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 38,669 shares of the company’s stock after buying an additional 5,403 shares during the period. Wealthcare Advisory Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,904,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pinnacle Associates Ltd. boosted its holdings in shares of iShares S&P 500 Growth ETF by 55.5% during the 3rd quarter. Pinnacle Associates Ltd. now owns 6,085 shares of the company’s stock worth $416,000 after buying an additional 2,171 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in iShares S&P 500 Growth ETF by 113.8% in the third quarter. Bank of New York Mellon Corp now owns 539,244 shares of the company’s stock worth $36,895,000 after purchasing an additional 287,025 shares during the period. Brown Advisory Inc. grew its holdings in iShares S&P 500 Growth ETF by 2.1% in the third quarter. Brown Advisory Inc. now owns 101,163 shares of the company’s stock worth $6,922,000 after purchasing an additional 2,106 shares during the period. Verdence Capital Advisors LLC bought a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $354,000. Finally, Calamos Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 4.8% during the third quarter. Calamos Wealth Management LLC now owns 880,962 shares of the company’s stock valued at $60,275,000 after purchasing an additional 40,208 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW traded up $1.16 during trading hours on Monday, hitting $84.53. The stock had a trading volume of 1,471,932 shares, compared to its average volume of 3,486,236. iShares S&P 500 Growth ETF has a 1-year low of $64.24 and a 1-year high of $85.56. The firm has a market capitalization of $44.14 billion, a P/E ratio of 27.41 and a beta of 1.12. The firm has a 50 day simple moving average of $83.14 and a 200-day simple moving average of $77.66.

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.