Embree Financial Group Increases Stock Position in iShares S&P 500 Growth ETF $IVW

Embree Financial Group boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 61.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,699 shares of the company’s stock after buying an additional 23,416 shares during the period. iShares S&P 500 Growth ETF makes up 0.9% of Embree Financial Group’s investment portfolio, making the stock its 27th biggest holding. Embree Financial Group’s holdings in iShares S&P 500 Growth ETF were worth $7,605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Davis Capital Management purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Howe & Rusling Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Ransom Advisory Ltd purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $37,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $109.59 on Monday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The stock’s 50-day simple moving average is $119.83 and its 200 day simple moving average is $121.42. The stock has a market capitalization of $58.83 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

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.