42,933 Shares in iShares S&P 500 Growth ETF $IVW Acquired by Hopwood Nicholas Hunter

Hopwood Nicholas Hunter purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, HoldingsChannel reports. The institutional investor purchased 42,933 shares of the company’s stock, valued at approximately $5,905,000. iShares S&P 500 Growth ETF accounts for approximately 1.6% of Hopwood Nicholas Hunter’s holdings, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVW. Blalock Williams LLC lifted its holdings in iShares S&P 500 Growth ETF by 2.0% in the 2nd quarter. Blalock Williams LLC now owns 35,835 shares of the company’s stock valued at $4,928,000 after acquiring an additional 703 shares during the last quarter. Formulate Financial LLC lifted its stake in iShares S&P 500 Growth ETF by 3.1% during the second quarter. Formulate Financial LLC now owns 54,414 shares of the company’s stock valued at $7,484,000 after purchasing an additional 1,616 shares during the last quarter. BAM Wealth Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 9.0% during the second quarter. BAM Wealth Management LLC now owns 6,998 shares of the company’s stock worth $962,000 after buying an additional 578 shares in the last quarter. SMART Wealth LLC grew its position in iShares S&P 500 Growth ETF by 145.2% in the second quarter. SMART Wealth LLC now owns 25,649 shares of the company’s stock worth $3,528,000 after buying an additional 15,187 shares during the last quarter. Finally, Retirement Wealth Solutions LLC grew its position in iShares S&P 500 Growth ETF by 7.3% in the second quarter. Retirement Wealth Solutions LLC now owns 50,413 shares of the company’s stock worth $6,933,000 after buying an additional 3,424 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.1%

Shares of NYSEARCA IVW opened at $140.55 on Friday. The stock’s fifty day simple moving average is $137.80 and its 200 day simple moving average is $130.75. The stock has a market capitalization of $76.73 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $143.26.

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.