Financial Management Professionals Inc. Purchases 889 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Financial Management Professionals Inc. lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 23,488 shares of the company’s stock after acquiring an additional 889 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.6% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 13th largest position. Financial Management Professionals Inc.’s holdings in iShares S&P 500 Growth ETF were worth $4,229,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IVW. Connecticut Wealth Management LLC grew its stake in shares of iShares S&P 500 Growth ETF by 8,638.1% during the 2nd quarter. Connecticut Wealth Management LLC now owns 170,480 shares of the company’s stock worth $30,557,000 after acquiring an additional 168,529 shares during the period. Rehmann Capital Advisory Group lifted its holdings in iShares S&P 500 Growth ETF by 2,891.7% during the 1st quarter. Rehmann Capital Advisory Group now owns 130,470 shares of the company’s stock worth $22,488,000 after purchasing an additional 126,109 shares in the last quarter. Parker Investment Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 29.0% during the 2nd quarter. Parker Investment Management LLC now owns 528,038 shares of the company’s stock worth $94,646,000 after purchasing an additional 118,804 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in iShares S&P 500 Growth ETF by 138.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 198,326 shares of the company’s stock worth $35,548,000 after purchasing an additional 115,153 shares in the last quarter. Finally, HighTower Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 50.6% during the 2nd quarter. HighTower Advisors LLC now owns 234,844 shares of the company’s stock worth $42,097,000 after purchasing an additional 78,900 shares in the last quarter.

IVW traded up $1.52 during trading on Friday, reaching $179.66. 67,644 shares of the company were exchanged, compared to its average volume of 587,906. The company’s 50-day moving average is $179.87 and its two-hundred day moving average is $178.11. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $185.23.

The business also recently disclosed a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a dividend of $0.6213 per share. The ex-dividend date was Tuesday, September 24th. This represents a yield of 1.3%.

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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