24,877 Shares in iShares S&P 500 Growth ETF $IVW Purchased by Dorsey Wright & Associates

Dorsey Wright & Associates acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,877 shares of the company’s stock, valued at approximately $3,003,000.

Several other hedge funds have also recently bought and sold shares of the company. Davis Capital Management bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. increased its stake in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the last quarter. Finally, Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $41,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $118.35 on Wednesday. The business has a fifty day moving average price of $121.43 and a two-hundred day moving average price of $121.51. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The stock has a market capitalization of $63.53 billion, a PE ratio of 33.33 and a beta of 1.11.

About iShares S&P 500 Growth ETF

(Free Report)

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.

Further Reading

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

Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.