Novem Group Acquires Shares of 2,190 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Novem Group bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, HoldingsChannel.com reports. The fund bought 2,190 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also modified their holdings of IVW. Focus Partners Advisor Solutions LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 11.3% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 31,803 shares of the company’s stock worth $3,229,000 after buying an additional 3,232 shares in the last quarter. Mpwm Advisory Solutions LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $111,000. Talisman Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 87.7% during the fourth quarter. Talisman Wealth Advisors LLC now owns 4,096 shares of the company’s stock valued at $416,000 after purchasing an additional 1,914 shares during the last quarter. Principal Street Partners LLC grew its stake in shares of iShares S&P 500 Growth ETF by 20.6% during the fourth quarter. Principal Street Partners LLC now owns 348,343 shares of the company’s stock valued at $35,367,000 after purchasing an additional 59,620 shares during the last quarter. Finally, Waverly Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 12.1% during the fourth quarter. Waverly Advisors LLC now owns 368,690 shares of the company’s stock valued at $37,433,000 after purchasing an additional 39,772 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $101.43 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $107.14. The company’s 50 day simple moving average is $94.30 and its 200-day simple moving average is $99.33. The stock has a market capitalization of $55.38 billion, a P/E ratio of 29.66 and a beta of 1.12.

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.