Westover Capital Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Westover Capital Advisors LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,920 shares of the company’s stock, valued at approximately $364,000.

A number of other large investors have also bought and sold shares of the stock. Elite Financial Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter valued at $26,000. Mechanics Financial Corp bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter valued at $27,000. Copia Wealth Management bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $30,000. Whipplewood Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at about $32,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter valued at about $33,000.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $113.86 on Friday. The company’s 50-day moving average is $107.51 and its 200 day moving average is $101.19. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $114.07. The firm has a market capitalization of $62.58 billion, a P/E ratio of 33.33 and a beta of 1.05.

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.