Freedom Investment Management Inc. Acquires 756 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Freedom Investment Management Inc. raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 5,663 shares of the company’s stock after purchasing an additional 756 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $542,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. 1620 Investment Advisors Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $34,000. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $35,000. GPS Wealth Strategies Group LLC increased its holdings in shares of 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 valued at $39,000 after purchasing an additional 199 shares in the last quarter. Davis Capital Management raised its position in iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the last quarter. Finally, Avondale Wealth Management lifted its holdings 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 worth $40,000 after buying an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $100.96 on Friday. The firm has a market capitalization of $52.89 billion, a price-to-earnings 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. The business’s fifty day moving average price is $97.70 and its two-hundred day moving average price is $93.40.

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.