Rubicon Advisors GP Makes New $575,000 Investment in iShares S&P 500 Growth ETF $IVW

Rubicon Advisors GP bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,665 shares of the company’s stock, valued at approximately $575,000.

Other institutional investors and hedge funds have also modified their holdings of the company. United Bank increased its position in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $600,000. Russell Investments Group Ltd. lifted its holdings in shares of 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 buying an additional 707 shares during the last quarter. First Trust Advisors LP grew its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $244,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $137.96 on Friday. The stock’s 50 day moving average price is $133.56 and its 200 day moving average price is $125.28. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98. The company has a market capitalization of $74.77 billion, a P/E 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.