Madrona Financial Services LLC Acquires 6,198 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Madrona Financial Services LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 144,802 shares of the company’s stock after purchasing an additional 6,198 shares during the period. iShares S&P 500 Growth ETF comprises 4.0% of Madrona Financial Services LLC’s holdings, making the stock its 6th largest position. Madrona Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $14,702,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IVW. Davis Capital Management increased its stake in iShares S&P 500 Growth ETF by 78.4% in the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after acquiring an additional 181 shares during the last quarter. Element Wealth LLC grew its stake in shares of iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after buying an additional 137 shares during the last quarter. Valued Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $64,000. Finally, ORG Wealth Partners LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $66,000.

iShares S&P 500 Growth ETF Stock Up 1.1 %

Shares of iShares S&P 500 Growth ETF stock opened at $105.95 on Thursday. The stock has a market cap of $55.51 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $77.20 and a twelve month high of $106.50. The company’s fifty day moving average is $102.39 and its 200 day moving average is $96.91.

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.