iShares S&P 500 Growth ETF $IVW is PAX Financial Group LLC’s 4th Largest Position

PAX Financial Group LLC cut its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,732 shares of the company’s stock after selling 15,229 shares during the quarter. iShares S&P 500 Growth ETF comprises 3.8% of PAX Financial Group LLC’s investment portfolio, making the stock its 4th biggest position. PAX Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,788,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF during the first quarter valued at $26,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the first quarter valued at approximately $33,000. Ryan Investment Management Inc. bought a new stake in iShares S&P 500 Growth ETF during the second quarter valued at approximately $36,000. Morgan Dempsey Capital Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth $44,000. Finally, Nemes Rush Group LLC raised its position in shares of iShares S&P 500 Growth ETF by 329.5% during the 1st quarter. Nemes Rush Group LLC now owns 481 shares of the company’s stock valued at $45,000 after buying an additional 369 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $121.04 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61. The business has a 50 day moving average of $121.26 and a 200 day moving average of $113.16. The company has a market capitalization of $65.71 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF 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.