Frisch Financial Group Inc. Raises Stock Holdings in iShares S&P 500 Growth ETF $IVW

Frisch Financial Group Inc. grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 79.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,564 shares of the company’s stock after acquiring an additional 9,111 shares during the quarter. Frisch Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. United Bank raised its position in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after purchasing an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $600,000. Russell Investments Group Ltd. grew its position in iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares during the last quarter. First Trust Advisors LP increased its stake in iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Growth ETF in the second quarter valued at $244,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $136.26 on Friday. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The stock has a market capitalization of $74.22 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company has a 50-day simple moving average of $136.71 and a 200-day simple moving average of $126.99.

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.