24,844 Shares in iShares S&P 500 Growth ETF $IVW Purchased by Laffer Tengler Investments Inc.

Laffer Tengler Investments Inc. purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,844 shares of the company’s stock, valued at approximately $2,999,000.

Other institutional investors also recently added to or reduced their stakes in the company. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $30,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after acquiring an additional 213 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at $41,000. Finally, Optiver Holding B.V. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at $46,000.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $118.67 on Wednesday. The firm has a market cap of $63.70 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm’s 50-day simple moving average is $122.50 and its 200-day simple moving average is $121.23. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61.

About iShares S&P 500 Growth ETF

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.