iShares S&P 500 Growth ETF $IVW is Sunbelt Securities Inc.’s 7th Largest Position

Sunbelt Securities Inc. lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% in the third quarter, Holdings Channel reports. The firm owned 186,955 shares of the company’s stock after buying an additional 6,097 shares during the period. iShares S&P 500 Growth ETF comprises about 1.6% of Sunbelt Securities Inc.’s portfolio, making the stock its 7th largest position. Sunbelt Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $22,569,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Davis Capital Management acquired a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $28,000. Howe & Rusling Inc. boosted its holdings 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 worth $31,000 after acquiring an additional 213 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth about $30,000. Finally, Financial Consulate Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth about $41,000.

iShares S&P 500 Growth ETF Stock Up 0.1%

IVW opened at $118.35 on Wednesday. The company has a market cap of $63.53 billion, a P/E ratio of 33.33 and a beta of 1.11. The firm’s 50-day moving average price is $121.43 and its 200-day moving average price is $121.51. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61.

iShares S&P 500 Growth ETF Company 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.