MidFirst Bank Buys New Stake in iShares S&P 500 Growth ETF $IVW

MidFirst Bank purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 80,482 shares of the company’s stock, valued at approximately $9,920,000. iShares S&P 500 Growth ETF accounts for 0.8% of MidFirst Bank’s holdings, making the stock its 28th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of IVW. Focus Partners Wealth grew its position in iShares S&P 500 Growth ETF by 81.0% in the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares in the last quarter. Valpey Financial Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after purchasing an additional 706,345 shares in the last quarter. Align Financial LLC purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $49,180,000. MML Investors Services LLC lifted its holdings in iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after buying an additional 358,496 shares in the last quarter. Finally, LPL Financial LLC boosted its position in iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.7%

iShares S&P 500 Growth ETF stock opened at $137.96 on Friday. The firm has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $104.21 and a twelve month high of $141.98. The stock’s fifty day simple moving average is $133.19 and its 200-day simple moving average is $125.20.

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.