Goodwin Investment Advisory Purchases New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Goodwin Investment Advisory purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 391 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also recently modified their holdings of IVW. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Russell Investments Group Ltd. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $30,000. Life Planning Partners Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $32,000. Howe & Rusling Inc. increased its position in shares of 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 during the period. Finally, Chilton Capital Management LLC bought a new position in iShares S&P 500 Growth ETF in the first quarter worth about $37,000.

iShares S&P 500 Growth ETF Trading Down 1.0 %

iShares S&P 500 Growth ETF stock traded down $0.79 during trading hours on Wednesday, hitting $81.60. 2,323,894 shares of the stock traded hands, compared to its average volume of 3,723,801. iShares S&P 500 Growth ETF has a one year low of $63.10 and a one year high of $85.56. The company has a market cap of $42.82 billion, a PE ratio of 28.34 and a beta of 1.10. The firm’s 50-day moving average price is $83.07 and its two-hundred day moving average price is $76.45.

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.