iShares S&P 500 Growth ETF $IVW Shares Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 69.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,673 shares of the company’s stock after acquiring an additional 11,783 shares during the period. Wedbush Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,079,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Decker Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 1st quarter worth about $2,991,000. Sterling Investment Counsel LLC increased its stake in iShares S&P 500 Growth ETF by 1.7% in the 2nd quarter. Sterling Investment Counsel LLC now owns 287,866 shares of the company’s stock valued at $39,590,000 after buying an additional 4,694 shares during the last quarter. Nwam LLC increased its stake in iShares S&P 500 Growth ETF by 23.1% in the 2nd quarter. Nwam LLC now owns 47,402 shares of the company’s stock valued at $6,519,000 after buying an additional 8,902 shares during the last quarter. Financial & Tax Architects LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $5,702,000. Finally, Arcadia Wealth Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 68.2% during the 2nd quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock worth $2,683,000 after buying an additional 7,908 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded down $0.72 during midday trading on Friday, reaching $136.48. The company’s stock had a trading volume of 1,642,081 shares, compared to its average volume of 2,980,590. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83. The firm has a 50 day moving average price of $140.85 and a 200-day moving average price of $136.64. The stock has a market capitalization of $75.50 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.