Andrew Hill Investment Advisors Inc. Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Andrew Hill Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,197 shares of the company’s stock, valued at approximately $203,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IVW. RFG Advisory LLC lifted its stake in iShares S&P 500 Growth ETF by 79.3% in the second quarter. RFG Advisory LLC now owns 63,302 shares of the company’s stock valued at $5,858,000 after purchasing an additional 27,989 shares during the last quarter. SWP Financial LLC grew its stake in shares of iShares S&P 500 Growth ETF by 1.0% during the 2nd quarter. SWP Financial LLC now owns 36,966 shares of the company’s stock worth $3,421,000 after acquiring an additional 377 shares during the period. Sharp Financial Services LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter worth about $4,797,000. Lpwm LLC boosted its position in iShares S&P 500 Growth ETF by 0.9% during the second quarter. Lpwm LLC now owns 22,683 shares of the company’s stock worth $2,177,000 after purchasing an additional 193 shares during the period. Finally, Presilium Private Wealth LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $217,000.

iShares S&P 500 Growth ETF Trading Up 0.4 %

Shares of NYSEARCA IVW traded up $0.33 during midday trading on Monday, hitting $88.39. The company’s stock had a trading volume of 1,416,212 shares, compared to its average volume of 3,280,694. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22. The firm has a market capitalization of $46.31 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a fifty day moving average price of $91.62 and a 200 day moving average price of $86.12.

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.