Spire Wealth Management Boosts Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Spire Wealth Management boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 201,322 shares of the company’s stock after purchasing an additional 15,270 shares during the quarter. Spire Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $15,623,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Pinnacle Associates Ltd. raised its stake in iShares S&P 500 Growth ETF by 55.5% during the 3rd quarter. Pinnacle Associates Ltd. now owns 6,085 shares of the company’s stock valued at $416,000 after buying an additional 2,171 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in iShares S&P 500 Growth ETF by 113.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 539,244 shares of the company’s stock worth $36,895,000 after buying an additional 287,025 shares during the period. Brown Advisory Inc. boosted its holdings in iShares S&P 500 Growth ETF by 2.1% in the 3rd quarter. Brown Advisory Inc. now owns 101,163 shares of the company’s stock worth $6,922,000 after buying an additional 2,106 shares during the period. Sage Mountain Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 37.6% in the 3rd quarter. Sage Mountain Advisors LLC now owns 5,273 shares of the company’s stock worth $361,000 after buying an additional 1,441 shares in the last quarter. Finally, Canal Capital Management LLC raised its holdings in iShares S&P 500 Growth ETF by 22.9% during the third quarter. Canal Capital Management LLC now owns 4,976 shares of the company’s stock valued at $340,000 after acquiring an additional 928 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW traded up $1.52 during trading on Friday, hitting $83.37. 2,580,985 shares of the company’s stock were exchanged, compared to its average volume of 3,509,656. The business’s 50-day simple moving average is $83.10 and its 200 day simple moving average is $77.55. The company has a market cap of $43.54 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52-week low of $63.19 and a 52-week high of $85.56.

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.