Welch Group LLC Purchases 729 Shares of iShares S&P 500 Growth ETF $IVW

Welch Group LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.3% in the second quarter, Holdings Channel reports. The institutional investor owned 5,196 shares of the company’s stock after buying an additional 729 shares during the period. Welch Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $572,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVW. Tritonpoint Wealth LLC boosted its position in iShares S&P 500 Growth ETF by 6.9% during the first quarter. Tritonpoint Wealth LLC now owns 11,467 shares of the company’s stock valued at $1,064,000 after purchasing an additional 742 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares S&P 500 Growth ETF by 1.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 606,701 shares of the company’s stock valued at $56,320,000 after purchasing an additional 10,178 shares during the last quarter. Dohj LLC acquired a new position in iShares S&P 500 Growth ETF during the first quarter valued at approximately $1,258,000. Affinity Capital Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 40.6% during the first quarter. Affinity Capital Advisors LLC now owns 8,888 shares of the company’s stock valued at $803,000 after purchasing an additional 2,567 shares during the last quarter. Finally, Partners Wealth Management LLC boosted its position in iShares S&P 500 Growth ETF by 2.0% during the first quarter. Partners Wealth Management LLC now owns 14,871 shares of the company’s stock valued at $1,380,000 after purchasing an additional 285 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $118.29 on Monday. The stock has a 50 day moving average price of $117.43 and a 200 day moving average price of $107.32. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.66. The stock has a market capitalization of $64.41 billion, a PE ratio of 33.33 and a beta of 1.05.

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.