VeraBank N.A. Takes Position in iShares S&P 500 Growth ETF $IVW

VeraBank N.A. purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, HoldingsChannel reports. The firm purchased 5,059 shares of the company’s stock, valued at approximately $557,000.

Other hedge funds have also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 1st quarter valued at $26,000. Mechanics Financial Corp bought a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $27,000. Ryan Investment Management Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $36,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at approximately $33,000. Finally, Morgan Dempsey Capital Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the second quarter worth approximately $44,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $124.32 on Tuesday. The company has a market cap of $67.49 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The stock has a fifty day moving average price of $120.70 and a 200-day moving average price of $112.37. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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.