M Holdings Securities Inc. Acquires New Holdings in iShares S&P 500 Growth ETF $IVW

M Holdings Securities Inc. bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, Holdings Channel.com reports. The institutional investor bought 28,845 shares of the company’s stock, valued at approximately $3,916,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Investors Research Corp increased its stake in shares of iShares S&P 500 Growth ETF by 1.4% during the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after purchasing an additional 75 shares during the last quarter. RDA Financial Network raised its holdings in shares of iShares S&P 500 Growth ETF by 3.6% during the 3rd quarter. RDA Financial Network now owns 2,203 shares of the company’s stock valued at $313,000 after purchasing an additional 76 shares in the last quarter. Cooper Financial Group raised its holdings in shares of iShares S&P 500 Growth ETF by 0.7% during the 2nd quarter. Cooper Financial Group now owns 10,864 shares of the company’s stock valued at $1,494,000 after purchasing an additional 80 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 18,502 shares of the company’s stock valued at $2,545,000 after purchasing an additional 80 shares in the last quarter. Finally, Quadcap Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.7% during the 1st quarter. Quadcap Wealth Management LLC now owns 5,386 shares of the company’s stock valued at $609,000 after purchasing an additional 89 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $129.63 on Monday. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $146.83. The company has a fifty day simple moving average of $140.00 and a 200 day simple moving average of $132.10. The firm has a market cap of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17.

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.