Hallmark Capital Management Inc. Acquires 858 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hallmark Capital Management Inc. grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,479 shares of the company’s stock after purchasing an additional 858 shares during the period. Hallmark Capital Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $623,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its stake in iShares S&P 500 Growth ETF by 2,196.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 476,593 shares of the company’s stock valued at $82,146,000 after acquiring an additional 455,838 shares during the period. Parker Investment Management LLC raised its stake in iShares S&P 500 Growth ETF by 235.4% in the 1st quarter. Parker Investment Management LLC now owns 409,234 shares of the company’s stock valued at $70,536,000 after acquiring an additional 287,206 shares during the period. Connecticut Wealth Management LLC raised its stake in iShares S&P 500 Growth ETF by 8,638.1% in the 2nd quarter. Connecticut Wealth Management LLC now owns 170,480 shares of the company’s stock valued at $30,557,000 after acquiring an additional 168,529 shares during the period. Noven Financial Group Inc. bought a new position in iShares S&P 500 Growth ETF during the 1st quarter worth $24,555,000. Finally, Rehmann Capital Advisory Group increased its position 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 buying an additional 126,109 shares during the period.

IVW stock opened at $182.79 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $140.49 and a fifty-two week high of $185.23. The business’s fifty day moving average price is $179.84 and its two-hundred day moving average price is $176.62.

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.

Further Reading: What does the Producer Price Index (PPI) tell investors?

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

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