Novem Group raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 300.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,396 shares of the company’s stock after buying an additional 7,050 shares during the period. Novem Group’s holdings in iShares S&P 500 Growth ETF were worth $1,034,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $26,000. Elite Financial Inc. bought a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $26,000. Mechanics Financial Corp bought a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $27,000. Copia Wealth Management bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $30,000. Finally, Ryan Investment Management Inc. bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $36,000.
iShares S&P 500 Growth ETF Trading Down 0.6%
iShares S&P 500 Growth ETF stock opened at $119.20 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $121.77. The stock’s 50 day moving average is $115.74 and its 200-day moving average is $105.17. The company has a market capitalization of $65.32 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05.
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.
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