Ramiah Investment Group Makes New $3.56 Million Investment in iShares S&P 500 Growth ETF $IVW

Ramiah Investment Group acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,448 shares of the company’s stock, valued at approximately $3,555,000. iShares S&P 500 Growth ETF accounts for approximately 3.5% of Ramiah Investment Group’s portfolio, making the stock its 10th largest position.

A number of other large investors also recently made changes to their positions in IVW. Ferguson Wellman Capital Management Inc. boosted its stake in iShares S&P 500 Growth ETF by 4.7% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 8,998 shares of the company’s stock valued at $1,086,000 after purchasing an additional 403 shares during the period. tru Independence LLC increased its position in iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. tru Independence LLC now owns 6,401 shares of the company’s stock worth $773,000 after buying an additional 281 shares during the period. Kingswood Wealth Advisors LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 14.7% during the third quarter. Kingswood Wealth Advisors LLC now owns 24,378 shares of the company’s stock worth $2,943,000 after buying an additional 3,120 shares in the last quarter. Visionary Horizons LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $570,000. Finally, Venturi Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF by 11.8% in the third quarter. Venturi Wealth Management LLC now owns 31,025 shares of the company’s stock valued at $3,745,000 after acquiring an additional 3,278 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $123.73 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm has a market cap of $66.83 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm’s 50-day simple moving average is $122.93 and its 200 day simple moving average is $118.48.

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.