QRG Capital Management Inc. Grows Stake in iShares S&P 500 Growth ETF $IVW

QRG Capital Management Inc. grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 125.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,633 shares of the company’s stock after acquiring an additional 12,054 shares during the quarter. QRG Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,612,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $1,096,000. Diversified Trust Co grew its position in shares of iShares S&P 500 Growth ETF by 21.1% in the 2nd quarter. Diversified Trust Co now owns 12,117 shares of the company’s stock worth $1,334,000 after buying an additional 2,108 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 5.5% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 10,405 shares of the company’s stock valued at $1,146,000 after acquiring an additional 543 shares in the last quarter. Lakeshore Financial Planning Inc. boosted its holdings in iShares S&P 500 Growth ETF by 73.7% in the second quarter. Lakeshore Financial Planning Inc. now owns 22,243 shares of the company’s stock valued at $2,449,000 after acquiring an additional 9,439 shares in the last quarter. Finally, ABLE Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF during the 2nd quarter valued at $637,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $123.93 on Tuesday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $126.61. The firm has a market capitalization of $66.87 billion, a PE ratio of 33.33 and a beta of 1.11. The company has a 50-day simple moving average of $123.03 and a two-hundred day simple moving average of $119.37.

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. 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.