Arwa LLC Makes New $3.99 Million Investment in iShares S&P 500 Growth ETF $IVW

Arwa LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 32,346 shares of the company’s stock, valued at approximately $3,987,000. iShares S&P 500 Growth ETF accounts for approximately 2.3% of Arwa LLC’s holdings, making the stock its 5th largest holding.

A number of other large investors have also modified their holdings of IVW. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $28,000. Financial Network Wealth Advisors LLC raised its position 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 valued at $28,000 after purchasing an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $137.96 on Friday. The company’s 50 day moving average price is $133.56 and its 200 day moving average price is $125.28. iShares S&P 500 Growth ETF has a fifty-two week low of $104.21 and a fifty-two week high of $141.98. The firm has a market capitalization of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

About iShares S&P 500 Growth ETF

(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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