Probity Advisors Inc. Boosts Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Probity Advisors Inc. boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 1.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 503,893 shares of the company’s stock after buying an additional 6,200 shares during the period. iShares S&P 500 Growth ETF accounts for 9.2% of Probity Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Probity Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $48,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of IVW. CarsonAllaria Wealth Management Ltd. grew its position in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after buying an additional 125 shares during the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $35,000. GPS Wealth Strategies Group LLC raised its position in shares of iShares S&P 500 Growth ETF by 91.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the period. Finally, Davis Capital Management lifted its holdings in shares of 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.

iShares S&P 500 Growth ETF Stock Up 0.1 %

NYSEARCA:IVW opened at $96.86 on Thursday. The stock has a fifty day simple moving average of $93.34 and a 200 day simple moving average of $89.94. The firm has a market capitalization of $50.74 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1-year low of $65.53 and a 1-year high of $98.05.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

See Also

• Five stocks we like better than iShares S&P 500 Growth ETF
• Comparing and Trading High PE Ratio Stocks
• NuScale Rockets Higher on Amazon Deal: How High Can It Go?
• What is the Nikkei 225 index?    
• Why Micron Could Rally All The Way Through Q4
• Best Aerospace Stocks Investing
• Should Warren Buffett’s Favorite Stock be Yours Too?

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).