Cape Investment Advisory Inc. Has $117,000 Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cape Investment Advisory Inc. increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,386 shares of the company’s stock after purchasing an additional 513 shares during the quarter. Cape Investment Advisory Inc.’s holdings in iShares S&P 500 Growth ETF were worth $117,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Keystone Financial Services boosted its stake in shares of iShares S&P 500 Growth ETF by 95.8% during the 1st quarter. Keystone Financial Services now owns 108,358 shares of the company’s stock valued at $9,150,000 after buying an additional 53,029 shares during the period. Bush Investment Group LLC purchased a new position in iShares S&P 500 Growth ETF in the first quarter valued at about $1,970,000. EverSource Wealth Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 50.6% in the first quarter. EverSource Wealth Advisors LLC now owns 15,961 shares of the company’s stock valued at $1,297,000 after purchasing an additional 5,362 shares in the last quarter. Maxwell Wealth Strategies Inc. increased its position in iShares S&P 500 Growth ETF by 149.7% in the 1st quarter. Maxwell Wealth Strategies Inc. now owns 46,341 shares of the company’s stock worth $4,005,000 after purchasing an additional 27,779 shares during the last quarter. Finally, First Citizens Financial Corp raised its stake in shares of iShares S&P 500 Growth ETF by 2.7% during the 1st quarter. First Citizens Financial Corp now owns 6,241 shares of the company’s stock worth $527,000 after purchasing an additional 162 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $1.92 during trading on Friday, hitting $87.65. 5,776,274 shares of the stock traded hands, compared to its average volume of 3,273,282. The company has a fifty day moving average price of $91.74 and a two-hundred day moving average price of $85.74. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $97.22. The stock has a market cap of $45.92 billion, a P/E 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.