iShares S&P 500 Growth ETF (NYSEARCA:IVW) Sees Unusually-High Trading Volume – Should You Buy?

iShares S&P 500 Growth ETF (NYSEARCA:IVW) saw strong trading volume on Wednesday . 2,205,537 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 2,348,929 shares.The stock last traded at $93.54 and had previously closed at $93.50.

iShares S&P 500 Growth ETF Stock Up 1.0 %

The company’s 50 day simple moving average is $100.37 and its 200-day simple moving average is $99.92. The firm has a market cap of $51.98 billion, a P/E ratio of 30.22 and a beta of 1.08.

Institutional Trading of iShares S&P 500 Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dakota Wealth Management lifted its holdings in iShares S&P 500 Growth ETF by 1.2% during the 4th quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock valued at $806,000 after buying an additional 97 shares in the last quarter. waypoint wealth counsel increased its position in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock worth $2,770,000 after acquiring an additional 99 shares during the period. Gradient Investments LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the fourth quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock valued at $396,000 after acquiring an additional 103 shares in the last quarter. TrinityPoint Wealth LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.5% in the fourth quarter. TrinityPoint Wealth LLC now owns 7,051 shares of the company’s stock valued at $716,000 after purchasing an additional 103 shares during the period. Finally, HTLF Bank grew its stake in iShares S&P 500 Growth ETF by 2.0% in the fourth quarter. HTLF Bank now owns 5,252 shares of the company’s stock worth $533,000 after purchasing an additional 104 shares in the last quarter.

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.