Tandem Capital Management Corp ADV Invests $204,000 in iShares S&P 500 Growth ETF $IVW

Tandem Capital Management Corp ADV purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,853 shares of the company’s stock, valued at approximately $204,000.

Other large investors have also recently made changes to their positions in the company. Elite Financial Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $26,000. Flaharty Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $26,000. Mechanics Financial Corp purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $33,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the first quarter valued at $36,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $122.00 on Thursday. The firm has a market capitalization of $66.53 billion, a PE ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $122.02. The company’s fifty day moving average price is $117.13 and its 200-day moving average price is $106.84.

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.