First Horizon Advisors Inc. Grows Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Horizon Advisors Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 258,207 shares of the company’s stock after purchasing an additional 62,744 shares during the period. First Horizon Advisors Inc.’s holdings in iShares S&P 500 Growth ETF were worth $24,724,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after acquiring an additional 199 shares during the period. 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 worth $39,000 after purchasing an additional 181 shares during the period. Finally, Avondale Wealth Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after purchasing an additional 156 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $99.65 on Wednesday. The stock has a fifty day moving average price of $96.65 and a 200 day moving average price of $92.65. iShares S&P 500 Growth ETF has a 1-year low of $71.93 and a 1-year high of $101.55. The company has a market cap of $52.21 billion, a PE ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF 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.