Churchill Financial Advisors LLC Takes $1.40 Million Position in iShares S&P 500 Growth ETF $IVW

Churchill Financial Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, Holdings Channel.com reports. The firm acquired 11,378 shares of the company’s stock, valued at approximately $1,402,000.

A number of other large investors also recently modified their holdings of IVW. Decker Retirement Planning Inc. purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $28,000. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the third quarter valued at approximately $28,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares in the last quarter. Entrust Financial LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $33,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $136.62 on Monday. The firm’s 50 day simple moving average is $124.60 and its 200 day simple moving average is $123.09. The company has a market capitalization of $74.04 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.