iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.7% in the fourth quarter, HoldingsChannel reports. The firm owned 19,506 shares of the company’s stock after buying an additional 2,050 shares during the period. iShares S&P 500 Growth ETF accounts for about 1.6% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 15th biggest holding. Merkkuri Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,980,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IVW. Insigneo Advisory Services LLC acquired a new stake in iShares S&P 500 Growth ETF during the second quarter valued at $329,000. Oliver Lagore Vanvalin Investment Group boosted its position in shares of iShares S&P 500 Growth ETF by 51.9% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 7,866 shares of the company’s stock valued at $728,000 after acquiring an additional 2,687 shares during the last quarter. Arkos Global Advisors purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $217,000. Clarity Asset Management Inc. boosted its stake in iShares S&P 500 Growth ETF by 8.0% during the second quarter. Clarity Asset Management Inc. now owns 15,897 shares of the company’s stock worth $1,471,000 after buying an additional 1,184 shares during the period. Finally, Raab & Moskowitz Asset Management LLC increased its holdings in iShares S&P 500 Growth ETF by 6.9% in the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,751 shares of the company’s stock valued at $440,000 after purchasing an additional 307 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $106.26 on Friday. The company has a market cap of $55.67 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock has a 50-day moving average of $102.67 and a two-hundred day moving average of $97.05. iShares S&P 500 Growth ETF has a 1-year low of $77.20 and a 1-year high of $107.14.

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.