iShares S&P 500 Growth ETF (NYSEARCA:IVW) Hits New 1-Year High – Here’s What Happened

iShares S&P 500 Growth ETF (NYSEARCA:IVW) hit a new 52-week high during trading on Friday . The stock traded as high as $122.74 and last traded at $122.79, with a volume of 129993 shares trading hands. The stock had previously closed at $121.45.

iShares S&P 500 Growth ETF Price Performance

The firm has a market capitalization of $66.69 billion, a PE ratio of 33.33 and a beta of 1.05. The firm has a fifty day moving average price of $118.65 and a 200 day moving average price of $109.44.

Institutional Investors Weigh In On iShares S&P 500 Growth ETF

Several hedge funds have recently bought and sold shares of the business. Wingate Wealth Advisors Inc. lifted its stake in iShares S&P 500 Growth ETF by 3.5% in the 3rd quarter. Wingate Wealth Advisors Inc. now owns 2,488 shares of the company’s stock worth $300,000 after acquiring an additional 83 shares in the last quarter. Baker Tilly Wealth Management LLC lifted its stake in iShares S&P 500 Growth ETF by 1.9% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,745 shares of the company’s stock worth $573,000 after acquiring an additional 88 shares in the last quarter. Comprehensive Financial Planning Inc. PA lifted its stake in iShares S&P 500 Growth ETF by 0.5% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 16,981 shares of the company’s stock worth $1,870,000 after acquiring an additional 90 shares in the last quarter. Dominguez Wealth Management Solutions Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 0.6% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 16,204 shares of the company’s stock worth $1,956,000 after purchasing an additional 90 shares in the last quarter. Finally, Moneywise Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 1.0% during the 3rd quarter. Moneywise Inc. now owns 9,094 shares of the company’s stock worth $1,098,000 after purchasing an additional 92 shares in the last quarter.

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.