Facet Wealth Inc. Acquires 5,068 Shares of iShares S&P 500 Growth ETF $IVW

Facet Wealth Inc. boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 106.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,838 shares of the company’s stock after purchasing an additional 5,068 shares during the period. Facet Wealth Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,188,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IVW. Davis Capital Management bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the second quarter worth about $30,000. Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF in the third quarter worth about $41,000. Morgan Dempsey Capital Management LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter valued at about $44,000. Finally, ST Germain D J Co. Inc. grew its position in shares of iShares S&P 500 Growth ETF by 655.4% during the 2nd quarter. ST Germain D J Co. Inc. now owns 423 shares of the company’s stock valued at $47,000 after acquiring an additional 367 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.8%

Shares of IVW stock opened at $123.00 on Friday. The firm has a market cap of $66.11 billion, a P/E ratio of 33.33 and a beta of 1.11. The company has a 50 day moving average of $122.98 and a 200-day moving average of $119.49. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61.

iShares S&P 500 Growth ETF 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.