SB Capital Management Inc Buys Shares of 4,414 iShares S&P 500 Growth ETF $IVW

SB Capital Management Inc bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,414 shares of the company’s stock, valued at approximately $544,000.

Other large investors also recently modified their holdings of the company. United Bank raised its holdings in shares of iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares during the period. Schnieders Capital Management LLC. bought a new position in iShares S&P 500 Growth ETF during the second quarter valued at $600,000. Russell Investments Group Ltd. grew its holdings in iShares S&P 500 Growth ETF by 13.4% during the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after purchasing an additional 707 shares during the period. First Trust Advisors LP increased its position in iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth $244,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $137.96 on Friday. The firm has a market cap of $74.77 billion, a PE ratio of 33.33 and a beta of 1.17. The stock’s fifty day moving average price is $133.19 and its two-hundred day moving average price is $125.20. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.