Goelzer Investment Management Inc. Has $6.83 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Goelzer Investment Management Inc. lowered its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,343 shares of the company’s stock after selling 24,636 shares during the period. Goelzer Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,831,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Oxford Financial Group LTD. LLC boosted its stake in iShares S&P 500 Growth ETF by 27.6% during the 4th quarter. Oxford Financial Group LTD. LLC now owns 45,907 shares of the company’s stock valued at $3,448,000 after purchasing an additional 9,924 shares during the last quarter. Foster Victor Wealth Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $226,000. Vermillion & White Wealth Management Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $82,000. FineMark National Bank & Trust lifted its stake in iShares S&P 500 Growth ETF by 4.8% during the 2nd quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after acquiring an additional 3,279 shares in the last quarter. Finally, Regal Investment Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.5% during the 4th quarter. Regal Investment Advisors LLC now owns 47,733 shares of the company’s stock worth $3,585,000 after acquiring an additional 726 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded up $1.00 on Friday, hitting $95.64. The stock had a trading volume of 1,074,375 shares, compared to its average volume of 3,049,714. The business has a 50 day moving average of $91.94 and a 200 day moving average of $89.24. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22. The stock has a market cap of $50.11 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.