AlphaCore Capital LLC Has $36.92 Million Stake in iShares S&P 500 Growth ETF $IVW

AlphaCore Capital LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 522.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,535 shares of the company’s stock after purchasing an additional 251,375 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 0.8% of AlphaCore Capital LLC’s holdings, making the stock its 28th largest holding. AlphaCore Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $36,921,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $28,000. Turning Point Benefit Group Inc. bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $36,000.

iShares S&P 500 Growth ETF Trading Down 1.6%

Shares of NYSEARCA IVW opened at $136.72 on Friday. The firm has a market cap of $74.10 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10. The business’s 50 day moving average is $122.95 and its 200-day moving average is $122.72.

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.