Landing Point Financial Group LLC Purchases New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Landing Point Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,180 shares of the company’s stock, valued at approximately $334,000.

Several other hedge funds also recently bought and sold shares of IVW. Strategic Financial Concepts LLC raised its stake in iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after buying an additional 421,703 shares during the period. Advyzon Investment Management LLC bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $420,000. Inlight Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $211,000. Encompass Wealth Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 2.0% during the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after purchasing an additional 7,349 shares in the last quarter. Finally, Amundi raised its holdings in iShares S&P 500 Growth ETF by 464.0% during the 4th quarter. Amundi now owns 13,711 shares of the company’s stock worth $1,392,000 after buying an additional 11,280 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $88.46 on Friday. The firm’s 50 day moving average price is $95.48 and its two-hundred day moving average price is $99.21. iShares S&P 500 Growth ETF has a twelve month low of $79.23 and a twelve month high of $107.14. The firm has a market cap of $48.19 billion, a P/E ratio of 28.32 and a beta of 1.12.

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.