Novare Capital Management LLC Increases Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Novare Capital Management LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 94.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 65,062 shares of the company’s stock after acquiring an additional 31,660 shares during the period. Novare Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,606,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Clarendon Private LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth approximately $531,000. Embree Financial Group raised its position in shares of iShares S&P 500 Growth ETF by 5.0% in the 4th quarter. Embree Financial Group now owns 4,027 shares of the company’s stock worth $409,000 after buying an additional 190 shares during the period. Rockwood Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 21.8% in the 4th quarter. Rockwood Wealth Management LLC now owns 9,455 shares of the company’s stock valued at $968,000 after purchasing an additional 1,690 shares in the last quarter. Crescent Grove Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 2.2% during the fourth quarter. Crescent Grove Advisors LLC now owns 9,291 shares of the company’s stock valued at $943,000 after buying an additional 201 shares in the last quarter. Finally, Patton Albertson Miller Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 95.1% during the 4th quarter. Patton Albertson Miller Group LLC now owns 105,951 shares of the company’s stock valued at $10,757,000 after acquiring an additional 51,638 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $106.26 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $107.14. The stock’s 50-day moving average is $102.67 and its two-hundred day moving average is $97.05. The stock has a market cap of $55.67 billion, a PE 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.