Midwest Financial Network LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Midwest Financial Network LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,428 shares of the company’s stock, valued at approximately $747,000.

A number of other institutional investors also recently modified their holdings of IVW. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. Financial Network Wealth Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth about $28,000. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $30,000.

iShares S&P 500 Growth ETF Trading Down 0.2%

Shares of IVW stock opened at $141.24 on Thursday. The business’s 50-day moving average price is $136.25 and its 200-day moving average price is $128.07. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The firm has a market capitalization of $77.11 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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