iShares S&P 500 Growth ETF $IVW Shares Purchased by Dorsey Wright & Associates

Dorsey Wright & Associates increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 125.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 57,039 shares of the company’s stock after purchasing an additional 31,764 shares during the quarter. Dorsey Wright & Associates’ holdings in iShares S&P 500 Growth ETF were worth $6,452,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the business. Strive Financial Group LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $28,000. Financial Network Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $30,000.

iShares S&P 500 Growth ETF Stock Down 1.5%

IVW stock opened at $134.26 on Friday. The stock’s 50 day moving average is $136.68 and its two-hundred day moving average is $127.04. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company has a market capitalization of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17.

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. 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.