Saxony Capital Management LLC Buys Shares of 9,032 iShares S&P 500 Growth ETF $IVW

Saxony Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 9,032 shares of the company’s stock, valued at approximately $994,000.

Other hedge funds have also recently bought and sold shares of the company. Elite Financial Inc. bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $26,000. Flaharty Asset Management LLC bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $26,000. Mechanics Financial Corp bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $33,000. Finally, Cloud Capital Management LLC bought a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $36,000.

iShares S&P 500 Growth ETF Stock Up 0.3%

IVW stock opened at $124.79 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61. The firm has a market cap of $67.75 billion, a P/E ratio of 33.33 and a beta of 1.11. The company’s 50-day moving average price is $119.74 and its two-hundred day moving average price is $110.63.

iShares S&P 500 Growth ETF Company 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.