SGL Investment Advisors Inc. Acquires 6,859 Shares of iShares S&P 500 Growth ETF $IVW

SGL Investment Advisors Inc. increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 58,266 shares of the company’s stock after acquiring an additional 6,859 shares during the period. iShares S&P 500 Growth ETF makes up approximately 3.0% of SGL Investment Advisors Inc.’s holdings, making the stock its 5th largest holding. SGL Investment Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $7,305,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Davis Capital Management acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $41,000. Morgan Dempsey Capital Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $44,000. Finally, Curio Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 51,800.0% during the 2nd quarter. Curio Wealth LLC now owns 519 shares of the company’s stock worth $57,000 after purchasing an additional 518 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $122.27 on Wednesday. The business has a 50-day simple moving average of $123.68 and a 200 day simple moving average of $120.35. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $126.61. The firm has a market capitalization of $65.54 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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. 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.