iShares S&P 500 Growth ETF $IVW Shares Newly Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 28,845 shares of the company’s stock, valued at approximately $3,916,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the third quarter. Brighton Jones LLC now owns 57,052 shares of the company’s stock worth $8,116,000 after acquiring an additional 2,584 shares during the last quarter. Unify Financial Advisors raised its holdings in shares of iShares S&P 500 Growth ETF by 3.1% during the third quarter. Unify Financial Advisors now owns 24,058 shares of the company’s stock worth $3,422,000 after acquiring an additional 714 shares in the last quarter. Leelyn Smith LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $339,000. Montgomery Financial Services LLC boosted its position in iShares S&P 500 Growth ETF by 171.0% during the third quarter. Montgomery Financial Services LLC now owns 1,539 shares of the company’s stock valued at $219,000 after purchasing an additional 971 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 6.5% during the third quarter. Parallel Advisors LLC now owns 82,325 shares of the company’s stock valued at $11,712,000 after purchasing an additional 5,013 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $129.63 on Monday. The business’s 50-day moving average price is $140.00 and its two-hundred day moving average price is $132.10. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $146.83. The company has a market capitalization of $71.70 billion, a P/E ratio of 24.96 and a beta of 1.17.

iShares S&P 500 Growth ETF 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.