Kirtland Hills Capital Management LLC Buys New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kirtland Hills Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 3,152 shares of the company’s stock, valued at approximately $302,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IVW. Inspire Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.4% during the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after buying an additional 109 shares during the period. Annex Advisory Services LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the 2nd quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock worth $385,000 after purchasing an additional 110 shares during the period. Savvy Advisors Inc. grew its position in shares of iShares S&P 500 Growth ETF by 2.7% in the third quarter. Savvy Advisors Inc. now owns 4,306 shares of the company’s stock valued at $412,000 after purchasing an additional 112 shares during the period. First National Bank & Trust Co. of Newtown increased its stake in iShares S&P 500 Growth ETF by 0.6% in the third quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock valued at $1,706,000 after purchasing an additional 115 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its position in iShares S&P 500 Growth ETF by 10.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock worth $122,000 after buying an additional 120 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.0 %

Shares of NYSEARCA:IVW opened at $99.65 on Wednesday. The firm has a market cap of $52.21 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock’s 50-day moving average price is $96.65 and its two-hundred day moving average price is $92.65. iShares S&P 500 Growth ETF has a 12-month low of $71.93 and a 12-month high of $101.55.

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.