Punch & Associates Investment Management Inc. Has $19.54 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Punch & Associates Investment Management Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the first quarter, HoldingsChannel.com reports. The firm owned 113,373 shares of the company’s stock after purchasing an additional 1,684 shares during the period. iShares S&P 500 Growth ETF comprises 1.7% of Punch & Associates Investment Management Inc.’s portfolio, making the stock its 4th largest holding. Punch & Associates Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $19,541,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Counsel Inc purchased a new position in iShares S&P 500 Growth ETF during the 1st quarter valued at about $26,000. Vigilant Capital Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $33,000. Cornerstone Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $35,000. Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 100.9% in the 1st quarter. Global Wealth Management Investment Advisory Inc. now owns 219 shares of the company’s stock valued at $38,000 after buying an additional 110 shares in the last quarter. Finally, Permanens Capital L.P. bought a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter valued at about $38,000.

Shares of NYSEARCA:IVW traded down $0.12 during trading on Friday, reaching $177.29. The stock had a trading volume of 2,471 shares, compared to its average volume of 697,518. iShares S&P 500 Growth ETF has a one year low of $140.49 and a one year high of $179.53.

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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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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