43,887 Shares in iShares S&P 500 Growth ETF $IVW Acquired by Global View Capital Management LLC

Global View Capital Management LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, Holdings Channel.com reports. The firm acquired 43,887 shares of the company’s stock, valued at approximately $6,243,000. iShares S&P 500 Growth ETF comprises 1.4% of Global View Capital Management LLC’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Decker Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the first quarter worth about $2,991,000. 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 worth $6,519,000 after acquiring an additional 8,902 shares during the last quarter. 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 worth $39,590,000 after acquiring an additional 4,694 shares during the last quarter. Financial & Tax Architects LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $5,702,000. Finally, Arcadia Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 68.2% in the 2nd quarter. Arcadia Wealth Management LLC now owns 19,508 shares of the company’s stock valued at $2,683,000 after acquiring an additional 7,908 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.7%

Shares of IVW opened at $134.46 on Friday. The company has a market cap of $74.30 billion, a PE ratio of 33.33 and a beta of 1.17. The stock has a 50-day moving average price of $140.66 and a 200-day moving average price of $131.87. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $146.83.

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.