iShares S&P 500 Growth ETF $IVW Shares Newly Acquired by Elevation Capital Advisory LLC

Elevation Capital Advisory LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 35,029 shares of the company’s stock, valued at approximately $4,983,000. iShares S&P 500 Growth ETF makes up approximately 2.0% of Elevation Capital Advisory LLC’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Investors Research Corp lifted its position in shares of iShares S&P 500 Growth ETF by 1.4% during the second quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after purchasing an additional 75 shares in the last quarter. RDA Financial Network grew its stake in shares of iShares S&P 500 Growth ETF by 3.6% during the third quarter. RDA Financial Network now owns 2,203 shares of the company’s stock valued at $313,000 after purchasing an additional 76 shares during the last quarter. Cooper Financial Group grew its stake in shares of iShares S&P 500 Growth ETF by 0.7% during the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock valued at $1,494,000 after purchasing an additional 80 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the second quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock valued at $2,545,000 after purchasing an additional 80 shares in the last quarter. Finally, Quadcap Wealth Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.7% in the first quarter. Quadcap Wealth Management LLC now owns 5,386 shares of the company’s stock valued at $609,000 after purchasing an additional 89 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $134.46 on Friday. The company has a 50 day moving average price of $140.66 and a 200 day moving average price of $131.87. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83. The stock has a market capitalization of $74.75 billion, a PE ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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.