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

Midwest Financial Group LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 117,595 shares of the company’s stock after buying an additional 3,837 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 5.7% of Midwest Financial Group LLC’s portfolio, making the stock its largest holding. Midwest Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,301,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. United Bank lifted its stake in shares of iShares S&P 500 Growth ETF by 4.6% during the second quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after purchasing an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $600,000. Russell Investments Group Ltd. raised its holdings in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock valued at $660,000 after buying an additional 707 shares during the period. First Trust Advisors LP raised its holdings in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock valued at $3,505,000 after buying an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Down 0.7%

NYSEARCA IVW opened at $132.58 on Friday. The stock has a market cap of $71.85 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The business has a 50 day moving average price of $134.68 and a two-hundred day moving average price of $125.64.

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. 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.