Valeo Financial Advisors LLC Purchases 1,091 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Valeo Financial Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.8% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 30,093 shares of the company’s stock after buying an additional 1,091 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,541,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of IVW. Financial Connections Group Inc. bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Goodwin Investment Advisory bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $29,000. Life Planning Partners Inc bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $32,000. Northwest Financial Advisors bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $38,000. Finally, Ruedi Wealth Management Inc. boosted its holdings in iShares S&P 500 Growth ETF by 1,361.4% in the 4th quarter. Ruedi Wealth Management Inc. now owns 643 shares of the company’s stock valued at $48,000 after purchasing an additional 599 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $94.85 on Thursday. iShares S&P 500 Growth ETF has a fifty-two week low of $65.53 and a fifty-two week high of $94.90. The firm has a fifty day moving average price of $87.80 and a two-hundred day moving average price of $82.87. The company has a market cap of $49.69 billion, a PE ratio of 28.52 and a beta of 1.14.

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.