Victory Financial Group LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Victory Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,637 shares of the company’s stock, valued at approximately $1,086,000.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Bank of America Corp DE raised its stake in iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after acquiring an additional 1,229,382 shares during the period. Calamos Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after acquiring an additional 1,125,813 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after acquiring an additional 850,349 shares during the last quarter. Cetera Investment Advisers boosted its stake in iShares S&P 500 Growth ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after acquiring an additional 245,310 shares during the period. Finally, Royal Bank of Canada boosted its stake in iShares S&P 500 Growth ETF by 5.8% in the first quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after acquiring an additional 193,529 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.9%

Shares of IVW stock opened at $139.25 on Wednesday. The company has a market cap of $76.97 billion, a P/E ratio of 33.33 and a beta of 1.17. The business has a 50 day moving average of $140.76 and a two-hundred day moving average of $131.68. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $146.83.

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.