One Wealth Capital Management LLC Invests $7.69 Million in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

One Wealth Capital Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 75,723 shares of the company’s stock, valued at approximately $7,688,000. iShares S&P 500 Growth ETF makes up approximately 3.9% of One Wealth Capital Management LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds also recently modified their holdings of the company. Davis Capital Management lifted its stake in iShares S&P 500 Growth ETF by 78.4% during 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 last quarter. Element Wealth LLC boosted its stake in shares of 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 in the last quarter. Valued Wealth Advisors LLC grew its holdings in shares of 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 worth $58,000 after acquiring an additional 370 shares during the last quarter. Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $64,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at $66,000.

iShares S&P 500 Growth ETF Trading Down 2.0 %

IVW stock traded down $2.08 during mid-day trading on Tuesday, reaching $102.27. 1,588,472 shares of the stock traded hands, compared to its average volume of 1,967,344. iShares S&P 500 Growth ETF has a 52-week low of $73.19 and a 52-week high of $105.64. The stock’s fifty day moving average is $101.39 and its 200-day moving average is $96.14. The company has a market cap of $53.58 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.