First Pacific Financial Invests $49,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Pacific Financial purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 654 shares of the company’s stock, valued at approximately $49,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Russell Investments Group Ltd. purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $30,000. Howe & Rusling Inc. increased its stake in iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after purchasing an additional 489 shares during the last quarter. Chilton Capital Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $37,000. Capital Investment Counsel Inc acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $42,000. Finally, Headlands Technologies LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $43,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $84.70 on Thursday. iShares S&P 500 Growth ETF has a 1 year low of $61.48 and a 1 year high of $85.56. The company’s 50 day simple moving average is $81.37 and its 200 day simple moving average is $74.97. The company has a market capitalization of $41.50 billion, a price-to-earnings ratio of 22.15 and a beta of 1.05.

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.