Bush Investment Group LLC Takes $1.97 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Bush Investment Group LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 23,333 shares of the company’s stock, valued at approximately $1,970,000. iShares S&P 500 Growth ETF accounts for approximately 1.7% of Bush Investment Group LLC’s portfolio, making the stock its 10th largest position.

Several other institutional investors have also recently added to or reduced their stakes in IVW. EverSource Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 50.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 15,961 shares of the company’s stock worth $1,297,000 after purchasing an additional 5,362 shares during the period. Maxwell Wealth Strategies Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 149.7% in the 1st quarter. Maxwell Wealth Strategies Inc. now owns 46,341 shares of the company’s stock valued at $4,005,000 after acquiring an additional 27,779 shares during the period. First Citizens Financial Corp boosted its position in iShares S&P 500 Growth ETF by 2.7% during the 1st quarter. First Citizens Financial Corp now owns 6,241 shares of the company’s stock worth $527,000 after purchasing an additional 162 shares during the period. Peninsula Wealth LLC increased its holdings in iShares S&P 500 Growth ETF by 69.9% in the 1st quarter. Peninsula Wealth LLC now owns 395,443 shares of the company’s stock valued at $33,391,000 after purchasing an additional 162,664 shares in the last quarter. Finally, Soltis Investment Advisors LLC raised its position in iShares S&P 500 Growth ETF by 7.0% in the first quarter. Soltis Investment Advisors LLC now owns 46,457 shares of the company’s stock valued at $3,923,000 after purchasing an additional 3,049 shares during the period.

iShares S&P 500 Growth ETF Stock Down 2.1 %

Shares of NYSEARCA IVW traded down $1.92 on Friday, hitting $87.65. The company had a trading volume of 5,776,274 shares, compared to its average volume of 3,273,282. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22. The firm has a market capitalization of $45.92 billion, a P/E ratio of 28.52 and a beta of 1.14. The business has a 50 day moving average of $91.74 and a two-hundred day moving average of $85.74.

iShares S&P 500 Growth ETF Company 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.