Waterloo Capital L.P. Invests $220,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Waterloo Capital L.P. acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,376 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Gordian Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $299,000. Orion Portfolio Solutions LLC grew its position in iShares S&P 500 Growth ETF by 6.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 77,433 shares of the company’s stock worth $5,769,000 after purchasing an additional 4,864 shares during the last quarter. Exencial Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 6.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 91,159 shares of the company’s stock valued at $6,846,000 after purchasing an additional 5,277 shares during the period. Oxford Financial Group LTD. LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 27.6% during the fourth quarter. Oxford Financial Group LTD. LLC now owns 45,907 shares of the company’s stock valued at $3,448,000 after buying an additional 9,924 shares during the last quarter. Finally, Foster Victor Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth approximately $226,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $95.15 on Friday. The business has a 50 day simple moving average of $91.44 and a 200 day simple moving average of $88.32. The firm has a market capitalization of $49.85 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22.

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.