iShares S&P 500 Growth ETF $IVW Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 82,325 shares of the company’s stock after purchasing an additional 5,013 shares during the quarter. Parallel Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,712,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Investors Research Corp boosted its position in iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock valued at $745,000 after purchasing an additional 75 shares during the period. RDA Financial Network increased its position in iShares S&P 500 Growth ETF by 3.6% in the third quarter. RDA Financial Network now owns 2,203 shares of the company’s stock worth $313,000 after buying an additional 76 shares during the period. Cooper Financial Group increased its position in iShares S&P 500 Growth ETF by 0.7% in the second quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock worth $1,494,000 after buying an additional 80 shares during the period. Cornerstone Wealth Management LLC lifted its stake in 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 buying an additional 80 shares during the last quarter. Finally, Quadcap Wealth Management LLC lifted its stake in 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 buying an additional 89 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded up $1.21 during midday trading on Friday, hitting $129.63. 2,579,546 shares of the stock traded hands, compared to its average volume of 2,974,324. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The firm has a market capitalization of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17. The business’s 50 day moving average price is $140.00 and its two-hundred day moving average price is $132.10.

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.