Meridian Wealth Management LLC Invests $767,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Meridian Wealth Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,008 shares of the company’s stock, valued at approximately $767,000.

Other institutional investors also recently bought and sold shares of the company. 1620 Investment Advisors Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $34,000. Financial Connections Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth $35,000. GPS Wealth Strategies Group LLC raised its holdings in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares in the last quarter. Davis Capital Management lifted its position in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the period. Finally, Avondale Wealth Management lifted its position in iShares S&P 500 Growth ETF by 56.1% during the 2nd quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.0 %

Shares of IVW opened at $99.62 on Friday. The business’s 50 day moving average price is $97.06 and its 200-day moving average price is $92.91. The stock has a market cap of $52.19 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $71.93 and a 52 week high of $101.55.

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.