Powell Investment Advisors LLC Has $17.07 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)


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Powell Investment Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 301.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 267,469 shares of the company’s stock after acquiring an additional 200,775 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 13.0% of Powell Investment Advisors LLC’s holdings, making the stock its largest position. Powell Investment Advisors LLC owned approximately 0.05% of iShares S&P 500 Growth ETF worth $17,070,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Marshall Wace LLP grew its stake in shares of iShares S&P 500 Growth ETF by 55.5% in the first quarter. Marshall Wace LLP now owns 2,104 shares of the company’s stock worth $363,000 after acquiring an additional 751 shares during the period. First Trust Advisors LP grew its position in iShares S&P 500 Growth ETF by 81.2% in the 1st quarter. First Trust Advisors LP now owns 26,926 shares of the company’s stock worth $4,641,000 after purchasing an additional 12,069 shares during the period. Orion Portfolio Solutions LLC raised its stake in iShares S&P 500 Growth ETF by 15.9% during the 2nd quarter. Orion Portfolio Solutions LLC now owns 1,799 shares of the company’s stock valued at $373,000 after buying an additional 247 shares during the last quarter. RMR Wealth Builders bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $51,000. Finally, Rockbridge Investment Management LCC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $66,000.

IVW stock opened at $64.00 on Thursday. iShares S&P 500 Growth ETF has a fifty-two week low of $35.21 and a fifty-two week high of $64.79. The business’s 50-day moving average is $62.81 and its two-hundred day moving average is $61.42.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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