Ascentis Independent Advisors Invests $675,000 in iShares S&P 500 Growth ETF $IVW

Ascentis Independent Advisors bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,969 shares of the company’s stock, valued at approximately $675,000.

Several other institutional investors and hedge funds have also modified their holdings of IVW. United Bank raised its holdings in iShares S&P 500 Growth ETF by 4.6% in the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares during the period. Schnieders Capital Management LLC. bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. increased its stake in iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after purchasing an additional 707 shares in the last quarter. First Trust Advisors LP raised its holdings in iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $136.25 on Thursday. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The firm’s 50 day moving average price is $135.96 and its two-hundred day moving average price is $126.43. The firm has a market cap of $74.22 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.