Stordahl Capital Management Inc. Acquires 578 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Stordahl Capital Management Inc. increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 49,634 shares of the company’s stock after buying an additional 578 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 1.1% of Stordahl Capital Management Inc.’s portfolio, making the stock its 15th biggest position. Stordahl Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,686,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $34,000. Financial Connections Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the second quarter worth about $35,000. CarsonAllaria Wealth Management Ltd. grew its stake in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock valued at $34,000 after purchasing an additional 125 shares during the period. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd 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. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd 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.

iShares S&P 500 Growth ETF Trading Up 1.5 %

IVW opened at $96.10 on Wednesday. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22. The company has a market cap of $50.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s 50 day moving average is $92.03 and its 200 day moving average is $89.38.

About iShares S&P 500 Growth ETF

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.