25,571 Shares in iShares S&P 500 Growth ETF $IVW Purchased by Asempa Wealth Advisors

Asempa Wealth Advisors purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 25,571 shares of the company’s stock, valued at approximately $3,152,000. iShares S&P 500 Growth ETF makes up 2.7% of Asempa Wealth Advisors’ portfolio, making the stock its 5th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. United Bank grew its position 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 buying an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $600,000. Prudential PLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $958,000. Soundwatch Capital LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the second quarter worth $2,048,000. Finally, Cynosure Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 7.7% during the second quarter. Cynosure Group LLC now owns 2,844 shares of the company’s stock valued at $313,000 after purchasing an additional 204 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.0%

NYSEARCA:IVW opened at $114.13 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The firm has a market capitalization of $61.26 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The stock has a fifty day simple moving average of $120.92 and a 200 day simple moving average of $121.54.

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.