Gries Financial LLC Has $2.45 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gries Financial LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% during the 4th quarter, HoldingsChannel reports. The firm owned 24,148 shares of the company’s stock after purchasing an additional 640 shares during the quarter. Gries Financial LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,452,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Davis Capital Management increased its holdings in iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares during the period. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $40,000. Element Wealth LLC boosted its holdings in iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the last quarter. Valued Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares during the last quarter. Finally, Copley Financial Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth $64,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $103.79 on Thursday. iShares S&P 500 Growth ETF has a 52 week low of $77.20 and a 52 week high of $107.14. The firm’s 50-day simple moving average is $102.84 and its two-hundred day simple moving average is $97.17. The firm has a market cap of $54.38 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.