ORG Partners LLC Increases Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

ORG Partners LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.0% in the first quarter, Holdings Channel reports. The institutional investor owned 5,821 shares of the company’s stock after acquiring an additional 758 shares during the period. ORG Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $544,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $28,000. Copia Wealth Management purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $30,000. Whipplewood Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF during the first quarter valued at approximately $32,000. BankPlus Trust Department purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $36,000. Finally, Bellevue Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $104.61 on Friday. The firm has a fifty day moving average price of $99.65 and a 200-day moving average price of $99.96. The stock has a market cap of $56.64 billion, a PE ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $107.14.

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.