BAM Wealth Management LLC Invests $708,000 in iShares S&P 500 Growth ETF $IVW

BAM Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,865 shares of the company’s stock, valued at approximately $708,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Davis Capital Management acquired a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth $30,000. Financial Consulate Inc. acquired a new position in iShares S&P 500 Growth ETF during the third quarter valued at $41,000. Morgan Dempsey Capital Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $44,000. Finally, ST Germain D J Co. Inc. grew its position in 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 worth $47,000 after purchasing an additional 367 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $123.52 on Friday. The firm has a market capitalization of $66.28 billion, a P/E ratio of 33.33 and a beta of 1.11. The stock has a 50-day simple moving average of $123.03 and a two-hundred day simple moving average of $119.58. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

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.