Allegiance Financial Group Advisory Services LLC Invests $483,000 in iShares S&P 500 Growth ETF $IVW

Allegiance Financial Group Advisory Services LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,383 shares of the company’s stock, valued at approximately $483,000.

Other large investors also recently made changes to their positions in the company. Sax Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 142.3% during the 2nd quarter. Sax Wealth Advisors LLC now owns 18,003 shares of the company’s stock worth $1,982,000 after acquiring an additional 10,572 shares in the last quarter. Embree Financial Group boosted its stake in shares of iShares S&P 500 Growth ETF by 101.2% during the 2nd quarter. Embree Financial Group now owns 8,357 shares of the company’s stock worth $920,000 after acquiring an additional 4,204 shares in the last quarter. Semus Wealth Partners LLC boosted its stake in iShares S&P 500 Growth ETF by 4.8% during the 1st quarter. Semus Wealth Partners LLC now owns 11,283 shares of the company’s stock valued at $1,047,000 after purchasing an additional 518 shares during the period. Pallas Capital Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 193.9% during the 2nd quarter. Pallas Capital Advisors LLC now owns 97,659 shares of the company’s stock valued at $10,752,000 after purchasing an additional 64,432 shares during the period. Finally, Patton Albertson Miller Group LLC grew its holdings in iShares S&P 500 Growth ETF by 25.3% in the 2nd quarter. Patton Albertson Miller Group LLC now owns 143,948 shares of the company’s stock valued at $15,849,000 after buying an additional 29,052 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8%

IVW opened at $122.00 on Thursday. The firm has a market capitalization of $66.53 billion, a P/E ratio of 33.33 and a beta of 1.05. The stock’s 50 day moving average price is $117.13 and its two-hundred day moving average price is $106.84. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.02.

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.