Evanson Financial LLC Acquires New Shares in iShares S&P 500 Growth ETF $IVW

Evanson Financial LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 21,353 shares of the company’s stock, valued at approximately $2,937,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. Strive Financial Group LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Financial Network Wealth Advisors LLC grew its position in shares of 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 during the period. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $141.11 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The company’s 50 day moving average price is $136.28 and its two-hundred day moving average price is $128.19. The company has a market capitalization of $77.04 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.