Promus Capital LLC Purchases Shares of 5,675 iShares S&P 500 Growth ETF $IVW

Promus Capital LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,675 shares of the company’s stock, valued at approximately $685,000.

A number of other large investors have also recently made changes to their positions in the company. Davis Capital Management acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Howe & Rusling Inc. increased its position in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Financial Consulate Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $41,000. Finally, Optiver Holding B.V. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $46,000.

iShares S&P 500 Growth ETF Trading Up 1.6%

Shares of IVW stock opened at $119.78 on Tuesday. The firm has a fifty day moving average price of $122.06 and a 200 day moving average price of $121.38. The company has a market cap of $64.30 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $126.61.

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. 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.