Maiden Cove Capital LLC Buys 5,220 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Maiden Cove Capital LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 90.7% during the fourth quarter, HoldingsChannel reports. The fund owned 10,976 shares of the company’s stock after acquiring an additional 5,220 shares during the quarter. iShares S&P 500 Growth ETF comprises about 2.0% of Maiden Cove Capital LLC’s holdings, making the stock its 11th largest position. Maiden Cove Capital LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,114,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the stock. Davis Capital Management lifted its holdings 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. Element Wealth LLC boosted its stake in iShares S&P 500 Growth ETF by 31.1% in the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares in the last quarter. Valued Wealth Advisors LLC grew its position in iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares during the last quarter. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $66,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $103.83 on Friday. The company’s fifty day moving average price is $102.15 and its 200-day moving average price is $96.69. iShares S&P 500 Growth ETF has a 1-year low of $75.62 and a 1-year high of $105.64. The firm has a market capitalization of $54.40 billion, a PE 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.