Grandfield & Dodd LLC Takes Position in iShares S&P 500 Growth ETF $IVW

Grandfield & Dodd LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,430 shares of the company’s stock, valued at approximately $928,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Flaharty Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the first quarter valued at about $26,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter valued at approximately $33,000. Ryan Investment Management Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at approximately $36,000. Morgan Dempsey Capital Management LLC bought a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $44,000. Finally, Nemes Rush Group LLC lifted its position in shares of iShares S&P 500 Growth ETF by 329.5% in the 1st quarter. Nemes Rush Group LLC now owns 481 shares of the company’s stock worth $45,000 after purchasing an additional 369 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $120.87 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm’s fifty day moving average is $121.16 and its 200-day moving average is $112.72. The firm has a market cap of $65.61 billion, a P/E ratio of 33.33 and a beta of 1.11.

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.