MGO One Seven LLC Has $7.45 Million Position in iShares S&P 500 Growth ETF $IVW

MGO One Seven LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 342.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 67,704 shares of the company’s stock after acquiring an additional 52,401 shares during the period. MGO One Seven LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,454,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Welch Group LLC increased its holdings in iShares S&P 500 Growth ETF by 16.3% in the second quarter. Welch Group LLC now owns 5,196 shares of the company’s stock worth $572,000 after buying an additional 729 shares during the last quarter. Pathway Financial Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 15.2% in the second quarter. Pathway Financial Advisors LLC now owns 30,150 shares of the company’s stock worth $3,320,000 after buying an additional 3,970 shares during the last quarter. Dynamic Financial Group increased its holdings in iShares S&P 500 Growth ETF by 11.4% in the second quarter. Dynamic Financial Group now owns 5,383 shares of the company’s stock worth $593,000 after buying an additional 549 shares during the last quarter. Sharp Financial Services LLC increased its holdings in iShares S&P 500 Growth ETF by 11.6% in the second quarter. Sharp Financial Services LLC now owns 228,223 shares of the company’s stock worth $25,127,000 after buying an additional 23,728 shares during the last quarter. Finally, Transcendent Capital Group LLC increased its holdings in iShares S&P 500 Growth ETF by 1.9% in the second quarter. Transcendent Capital Group LLC now owns 53,857 shares of the company’s stock worth $5,930,000 after buying an additional 1,018 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $118.29 on Monday. The stock’s 50 day moving average price is $117.43 and its 200 day moving average price is $107.32. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.66. The company has a market capitalization of $64.41 billion, a P/E ratio of 33.33 and a beta of 1.05.

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.