Cary Street Partners Financial LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cary Street Partners Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, HoldingsChannel reports. The fund purchased 29,886 shares of the company’s stock, valued at approximately $3,034,000.

A number of other large investors have also added to or reduced their stakes in IVW. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. BankPlus Trust Department acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $36,000. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Compass Financial Services Inc acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Finally, Bellevue Asset Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $42,000.

iShares S&P 500 Growth ETF Trading Down 0.9 %

Shares of IVW opened at $96.18 on Wednesday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $107.14. The firm’s fifty day simple moving average is $92.86 and its two-hundred day simple moving average is $98.96. The stock has a market capitalization of $52.51 billion, a P/E ratio of 29.66 and a beta of 1.12.

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.