United Advisor Group LLC Raises Stock Holdings in iShares S&P 500 Growth ETF $IVW

United Advisor Group LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,946 shares of the company’s stock after purchasing an additional 527 shares during the quarter. United Advisor Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $545,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Flaharty Asset Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 1st quarter worth about $26,000. Ryan Investment Management Inc. bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $36,000. Morgan Dempsey Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $44,000. ST Germain D J Co. Inc. grew its holdings in iShares S&P 500 Growth ETF by 655.4% in the second quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock worth $47,000 after purchasing an additional 367 shares during the period. Finally, Nemes Rush Group LLC increased its stake in shares of iShares S&P 500 Growth ETF by 329.5% during the first quarter. Nemes Rush Group LLC now owns 481 shares of the company’s stock valued at $45,000 after purchasing an additional 369 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $118.69 on Wednesday. The firm has a 50 day moving average price of $121.36 and a 200-day moving average price of $113.48. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The firm has a market capitalization of $64.43 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.