Sage Investment Advisers LLC Takes $3.45 Million Position in iShares S&P 500 Growth ETF $IVW

by · The Markets Daily

Sage Investment Advisers LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 28,001 shares of the company’s stock, valued at approximately $3,451,000. iShares S&P 500 Growth ETF accounts for approximately 2.6% of Sage Investment Advisers LLC’s investment portfolio, making the stock its 13th largest holding.

Several other large investors also recently modified their holdings of IVW. Decker Retirement Planning Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $28,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000. Howe & Rusling Inc. grew its position in iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares during the last quarter. Finally, Entrust Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $33,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $140.36 on Monday. The firm has a market cap of $76.07 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $102.32 and a one year high of $140.82. The stock’s 50 day simple moving average is $126.70 and its 200 day simple moving average is $123.64.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.

Further Reading

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