Ellis Investment Partners LLC Buys 7,751 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Ellis Investment Partners LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 77,201 shares of the company’s stock after purchasing an additional 7,751 shares during the period. iShares S&P 500 Growth ETF accounts for about 1.4% of Ellis Investment Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Ellis Investment Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,392,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. boosted its stake in shares of iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after acquiring an additional 125 shares during the period. 1620 Investment Advisors Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $34,000. Financial Connections Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $35,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after acquiring an additional 199 shares during the period. Finally, Davis Capital Management boosted its stake in shares of 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 worth $39,000 after acquiring an additional 181 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded up $0.49 during mid-day trading on Friday, reaching $97.56. The company’s stock had a trading volume of 3,090,376 shares, compared to its average volume of 2,947,104. The firm has a market capitalization of $51.11 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $98.41. The stock has a fifty day moving average of $94.36 and a two-hundred day moving average of $90.59.

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.