Frisch Financial Group Inc. Grows Stock Position in iShares S&P 500 Growth ETF $IVW

Frisch Financial Group Inc. increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 79.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 20,564 shares of the company’s stock after purchasing an additional 9,111 shares during the period. Frisch Financial Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strive Financial Group LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $28,000. Financial Network Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 174.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $28,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Down 1.7%

Shares of iShares S&P 500 Growth ETF stock opened at $136.26 on Friday. The firm has a market cap of $74.22 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company’s 50-day simple moving average is $136.71 and its 200-day simple moving average is $126.99.

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.