Savvy Advisors Inc. Purchases 12,399 Shares of iShares S&P 500 Growth ETF $IVW

Savvy Advisors Inc. raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 67.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,844 shares of the company’s stock after purchasing an additional 12,399 shares during the quarter. Savvy Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,396,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Elite Financial Inc. acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $26,000. Mechanics Financial Corp acquired a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $27,000. Ryan Investment Management Inc. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $36,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $126.28 on Thursday. The company has a fifty day moving average price of $119.31 and a two-hundred day moving average price of $110.30. The firm has a market capitalization of $68.65 billion, a PE 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.

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.