Riverwater Partners LLC Takes $205,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Riverwater Partners LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,016 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds also recently bought and sold shares of the business. Dakota Wealth Management increased its stake in shares of iShares S&P 500 Growth ETF by 1.2% during the fourth quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock worth $806,000 after purchasing an additional 97 shares in the last quarter. waypoint wealth counsel boosted its holdings in iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock worth $2,770,000 after buying an additional 99 shares during the last quarter. Gradient Investments LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 2.7% during the fourth quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock valued at $396,000 after acquiring an additional 103 shares during the last quarter. HTLF Bank raised its holdings in shares of iShares S&P 500 Growth ETF by 2.0% during the fourth quarter. HTLF Bank now owns 5,252 shares of the company’s stock valued at $533,000 after acquiring an additional 104 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 1.6% in the fourth quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock worth $711,000 after acquiring an additional 109 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $83.65 on Friday. The stock has a 50 day moving average price of $99.33 and a 200 day moving average price of $99.79. The stock has a market capitalization of $46.05 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14.

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.