Proathlete Wealth Management LLC Buys New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Proathlete Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,208 shares of the company’s stock, valued at approximately $241,000.

Several other hedge funds have also recently added to or reduced their stakes in IVW. Adroit Compliance LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $1,877,000. GLOBALT Investments LLC GA bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $376,000. Able Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $1,078,000. Voisard Asset Management Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $179,000. Finally, Taylor Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $815,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $92.21 on Friday. The stock’s 50-day moving average is $85.30 and its 200 day moving average is $81.15. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $92.24. The firm has a market cap of $48.31 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.