Heck Capital Advisors LLC Makes New $8.97 Million Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Heck Capital Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 88,326 shares of the company’s stock, valued at approximately $8,968,000. iShares S&P 500 Growth ETF accounts for about 0.6% of Heck Capital Advisors LLC’s investment portfolio, making the stock its 28th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after buying an additional 1,569,612 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $82,464,000. Arvest Bank Trust Division purchased a new position in iShares S&P 500 Growth ETF in the third quarter valued at $56,971,000. Sanctuary Advisors LLC grew its stake in iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after purchasing an additional 255,991 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $104.19 on Friday. The stock has a 50-day simple moving average of $103.03 and a 200-day simple moving average of $97.27. iShares S&P 500 Growth ETF has a 1 year low of $77.20 and a 1 year high of $107.14. The stock has a market capitalization of $54.59 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.