Midwest Capital Advisors LLC Acquires Shares of 12,854 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Midwest Capital Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,854 shares of the company’s stock, valued at approximately $1,305,000. iShares S&P 500 Growth ETF accounts for approximately 1.0% of Midwest Capital Advisors LLC’s portfolio, making the stock its 20th biggest holding.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. POM Investment Strategies LLC increased its position in shares of iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after acquiring an additional 302 shares during the period. Valued Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares in the last quarter. Finally, Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $64,000.

iShares S&P 500 Growth ETF Trading Down 2.4 %

Shares of IVW opened at $103.43 on Monday. The firm’s 50-day moving average price is $104.04 and its 200-day moving average price is $99.04. The firm has a market capitalization of $57.71 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

About iShares S&P 500 Growth ETF

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.