Bank Hapoalim BM Invests $14.42 Million in iShares S&P 500 Growth ETF $IVW

Bank Hapoalim BM acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, Holdings Channel.com reports. The fund acquired 119,500 shares of the company’s stock, valued at approximately $14,422,000. iShares S&P 500 Growth ETF makes up approximately 1.8% of Bank Hapoalim BM’s portfolio, making the stock its 19th largest position.

Several other hedge funds have also recently bought and sold shares of IVW. QRG Capital Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 125.8% in the third quarter. QRG Capital Management Inc. now owns 21,633 shares of the company’s stock valued at $2,612,000 after acquiring an additional 12,054 shares in the last quarter. Evergreen Capital Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 3.9% in the 3rd quarter. Evergreen Capital Management LLC now owns 82,176 shares of the company’s stock valued at $9,920,000 after purchasing an additional 3,120 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of iShares S&P 500 Growth ETF by 6.3% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 41,216 shares of the company’s stock valued at $4,976,000 after purchasing an additional 2,445 shares in the last quarter. WoodTrust Financial Corp purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $308,000. Finally, Great Point Wealth Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $4,409,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $123.93 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61. The stock has a market cap of $66.87 billion, a P/E ratio of 33.33 and a beta of 1.11. The stock has a 50-day simple moving average of $123.04 and a 200-day simple moving average of $119.22.

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. 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.