Valeo Financial Advisors LLC Increases Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Valeo Financial Advisors LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,154 shares of the company’s stock after purchasing an additional 147 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,265,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVW. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $40,000. POM Investment Strategies LLC increased its stake in iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares during the last quarter. Element Wealth LLC increased its stake in iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after purchasing an additional 137 shares during the last quarter. Finally, Valued Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

IVW stock opened at $106.63 on Friday. The company has a market capitalization of $55.86 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The business has a 50 day simple moving average of $103.79 and a 200-day simple moving average of $98.13.

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.