Cambria Investment Management L.P. Purchases 6,119 Shares of iShares S&P 500 Growth ETF $IVW

Cambria Investment Management L.P. boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 216.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,946 shares of the company’s stock after buying an additional 6,119 shares during the period. Cambria Investment Management L.P.’s holdings in iShares S&P 500 Growth ETF were worth $1,080,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of IVW. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $28,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $30,000. Howe & Rusling Inc. raised its position in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares in the last quarter. Finally, Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF in the third quarter worth about $41,000.

iShares S&P 500 Growth ETF Stock Down 0.4%

Shares of IVW opened at $116.40 on Friday. The company has a 50-day moving average price of $121.13 and a two-hundred day moving average price of $121.45. The stock has a market cap of $62.48 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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.