Capital Advantage Inc. Increases Stock Position in iShares S&P 500 Growth ETF $IVW

Capital Advantage Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 54.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,102 shares of the company’s stock after buying an additional 6,409 shares during the period. Capital Advantage Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,185,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IVW. Sax Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 142.3% during the second quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock valued at $1,982,000 after buying an additional 10,572 shares during the period. Embree Financial Group raised its holdings in iShares S&P 500 Growth ETF by 358.1% in the 3rd quarter. Embree Financial Group now owns 38,283 shares of the company’s stock valued at $4,621,000 after acquiring an additional 29,926 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in shares of iShares S&P 500 Growth ETF by 114.0% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 12,691 shares of the company’s stock worth $1,397,000 after purchasing an additional 6,761 shares during the period. CW Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 21.7% during the 2nd quarter. CW Advisors LLC now owns 54,546 shares of the company’s stock worth $6,006,000 after purchasing an additional 9,719 shares during the period. Finally, Curbstone Financial Management Corp acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $534,000.

iShares S&P 500 Growth ETF Stock Up 0.1%

IVW stock opened at $123.34 on Monday. The stock has a market capitalization of $66.61 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The stock’s fifty day simple moving average is $123.01 and its 200-day simple moving average is $118.13.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.