Capital Directions Investment Advisors LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,491 shares of the company’s stock, valued at approximately $108,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Marshall Wace LLP lifted its stake in iShares S&P 500 Growth ETF by 55.5% in the first quarter. Marshall Wace LLP now owns 2,104 shares of the company’s stock valued at $363,000 after buying an additional 751 shares during the period. First Trust Advisors LP boosted its position in iShares S&P 500 Growth ETF by 81.2% in the first quarter. First Trust Advisors LP now owns 26,926 shares of the company’s stock worth $4,641,000 after purchasing an additional 12,069 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $1,139,000. Brinker Capital Investments LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at $211,000. Finally, Advisors Capital Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 94.2% during the 1st quarter. Advisors Capital Management LLC now owns 6,089 shares of the company’s stock valued at $396,000 after buying an additional 2,953 shares during the last quarter.
IVW traded up $1.17 during trading on Thursday, reaching $76.02. 71,207 shares of the company were exchanged, compared to its average volume of 2,102,701. The company’s 50-day moving average is $76.60 and its two-hundred day moving average is $72.67. iShares S&P 500 Growth ETF has a 12-month low of $55.48 and a 12-month high of $79.17.
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.
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