Verus Capital Partners LLC Acquires 9,789 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Verus Capital Partners LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,568 shares of the company’s stock after purchasing an additional 9,789 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 0.6% of Verus Capital Partners LLC’s holdings, making the stock its 28th biggest holding. Verus Capital Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,374,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Inspire Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 4.4% in the third quarter. Inspire Advisors LLC now owns 2,602 shares of the company’s stock valued at $249,000 after purchasing an additional 109 shares during the period. Annex Advisory Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 2.7% during the 2nd quarter. Annex Advisory Services LLC now owns 4,165 shares of the company’s stock worth $385,000 after purchasing an additional 110 shares in the last quarter. First National Bank & Trust Co. of Newtown raised its position in shares of iShares S&P 500 Growth ETF by 0.6% in the 3rd quarter. First National Bank & Trust Co. of Newtown now owns 17,821 shares of the company’s stock valued at $1,706,000 after buying an additional 115 shares in the last quarter. Massmutual Trust Co. FSB ADV raised its position in iShares S&P 500 Growth ETF by 10.0% during the second quarter. Massmutual Trust Co. FSB ADV now owns 1,320 shares of the company’s stock valued at $122,000 after purchasing an additional 120 shares in the last quarter. Finally, Texas Capital Bancshares Inc TX lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.1% during the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after purchasing an additional 122 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $101.02 on Tuesday. The company has a market capitalization of $52.92 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $70.30 and a 1 year high of $101.43. The business’s 50-day moving average is $95.43 and its 200-day moving average is $91.90.

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.