Matrix Private Capital Group LLC Invests $3.58 Million in iShares S&P 500 Growth ETF $IVW

Matrix Private Capital Group LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 31,636 shares of the company’s stock, valued at approximately $3,578,000. iShares S&P 500 Growth ETF makes up about 1.7% of Matrix Private Capital Group LLC’s portfolio, making the stock its 14th largest position.

Other hedge funds have also made changes to their positions in the company. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 174.4% during 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. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth $28,000. Finally, Entrust Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Down 0.6%

Shares of iShares S&P 500 Growth ETF stock opened at $132.83 on Friday. The business has a fifty day simple moving average of $136.45 and a 200-day simple moving average of $127.42. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The firm has a market cap of $72.44 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.