Hyundai Investments Co. Ltd. Invests $850,000 in iShares S&P 500 Growth ETF $IVW

Hyundai Investments Co. Ltd. purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,845 shares of the company’s stock, valued at approximately $850,000. iShares S&P 500 Growth ETF accounts for approximately 0.8% of Hyundai Investments Co. Ltd.’s portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. Financial Network Wealth Advisors LLC grew its stake 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 worth $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Entrust Financial LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $33,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $30,000.

iShares S&P 500 Growth ETF Stock Up 2.8%

Shares of NYSEARCA IVW opened at $138.73 on Tuesday. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98. The business has a 50-day simple moving average of $131.88 and a two-hundred day simple moving average of $124.91. The company has a market cap of $75.18 billion, a P/E ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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.