Greenwood Gearhart Inc. Invests $811,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Greenwood Gearhart Inc. acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 7,984 shares of the company’s stock, valued at approximately $811,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. BankPlus Trust Department bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $36,000. Hantz Financial Services Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $40,000. Compass Financial Services Inc purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. Finally, Bellevue Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $42,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW opened at $90.99 on Wednesday. The company has a market cap of $49.57 billion, a price-to-earnings ratio of 28.32 and a beta of 1.12. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company has a 50-day moving average price of $96.48 and a 200-day moving average price of $99.34.

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.