4,058 Shares in iShares S&P 500 Growth ETF $IVW Acquired by Kingdom Financial Group LLC.

Kingdom Financial Group LLC. bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,058 shares of the company’s stock, valued at approximately $500,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000. Howe & Rusling Inc. boosted its stake in iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the period. Finally, Entrust Financial LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter worth $33,000.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $136.63 on Friday. The company has a market capitalization of $74.05 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business’s 50-day moving average price is $124.27 and its two-hundred day moving average price is $123.01. iShares S&P 500 Growth ETF has a 1 year low of $100.76 and a 1 year high of $139.10.

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.