3,096 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Bought by GAMMA Investing LLC

GAMMA Investing LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,096 shares of the company’s stock, valued at approximately $239,000.

Several other institutional investors and hedge funds also recently modified their holdings of IVW. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Goodwin Investment Advisory bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $29,000. Life Planning Partners Inc bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at about $32,000. Howe & Rusling Inc. boosted its stake in iShares S&P 500 Growth ETF by 1,137.2% during the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after buying an additional 489 shares in the last quarter. Finally, Capital Investment Counsel Inc bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at about $42,000.

iShares S&P 500 Growth ETF Stock Down 0.5 %

Shares of IVW stock opened at $81.01 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $63.10 and a fifty-two week high of $85.56. The stock has a market capitalization of $42.30 billion, a P/E ratio of 27.41 and a beta of 1.12. The stock has a 50-day simple moving average of $83.00 and a 200 day simple moving average of $76.94.

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.