Elios Financial Group Inc. Invests $2.43 Million in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Elios Financial Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 25,324 shares of the company’s stock, valued at approximately $2,425,000. iShares S&P 500 Growth ETF comprises approximately 1.1% of Elios Financial Group Inc.’s investment portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $35,000. Davis Capital Management boosted its position in shares of iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after buying an additional 181 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management raised its holdings in shares of iShares S&P 500 Growth ETF by 56.1% in the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after buying an additional 156 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $99.69 on Tuesday. The stock has a market capitalization of $52.23 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a 50-day moving average of $97.19 and a 200 day moving average of $93.08. iShares S&P 500 Growth ETF has a 12 month low of $71.93 and a 12 month high of $101.55.

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.