iShares S&P 500 Growth ETF $IVW Shares Bought by Frisch Financial Group Inc.

Frisch Financial Group Inc. lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 81.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 11,453 shares of the company’s stock after buying an additional 5,124 shares during the quarter. Frisch Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,412,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in IVW. United Bank grew its holdings in iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock valued at $5,736,000 after purchasing an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $600,000. Russell Investments Group Ltd. grew its holdings in iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after purchasing an additional 707 shares in the last quarter. First Trust Advisors LP grew its holdings in iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after purchasing an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at $244,000.

iShares S&P 500 Growth ETF Trading Down 0.7%

IVW opened at $135.81 on Tuesday. The company has a fifty day simple moving average of $123.27 and a 200 day simple moving average of $122.78. The firm has a market cap of $73.60 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $100.76 and a twelve month high of $139.10.

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.