Old Mission Investment Co LLC Invests $6.80 Million in iShares S&P 500 Growth ETF $IVW

Old Mission Investment Co LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, HoldingsChannel reports. The fund acquired 49,441 shares of the company’s stock, valued at approximately $6,800,000. iShares S&P 500 Growth ETF makes up about 1.4% of Old Mission Investment Co LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Montgomery Financial Services LLC acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $78,000. Highland Investment Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $2,809,000. Strive Financial Group LLC increased its stake in shares of iShares S&P 500 Growth ETF by 183.3% during the 2nd quarter. Strive Financial Group LLC now owns 595 shares of the company’s stock worth $82,000 after purchasing an additional 385 shares during the last quarter. Hopwood Nicholas Hunter acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $5,905,000. Finally, Blalock Williams LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 2.0% in the 2nd quarter. Blalock Williams LLC now owns 35,835 shares of the company’s stock valued at $4,928,000 after purchasing an additional 703 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $140.55 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26. The company has a market capitalization of $76.73 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50-day simple moving average of $137.80 and a 200 day simple moving average of $130.75.

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. 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.