Thomasville National Bank Acquires New Position in iShares S&P 500 Growth ETF $IVW

Thomasville National Bank acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 44,117 shares of the company’s stock, valued at approximately $6,067,000.

A number of other hedge funds have also added to or reduced their stakes in IVW. Strive Financial Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $28,000. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the second quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Stock Up 0.4%

IVW opened at $141.49 on Thursday. The stock’s fifty day moving average is $136.34 and its two-hundred day moving average is $128.73. The company has a market capitalization of $77.25 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26.

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.