iShares S&P 500 Growth ETF $IVW Shares Acquired by PFG Investments LLC

PFG Investments LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 42.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,830 shares of the company’s stock after purchasing an additional 4,101 shares during the quarter. PFG Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,564,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of IVW. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. Financial Network Wealth Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $135.41 on Monday. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company’s 50-day simple moving average is $135.53 and its 200-day simple moving average is $126.10. The firm has a market cap of $73.80 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.