Magnus Financial Group LLC Acquires 1,551 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Magnus Financial Group LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.2% in the 3rd quarter, Holdings Channel reports. The firm owned 31,409 shares of the company’s stock after purchasing an additional 1,551 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,007,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IVW. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $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. CarsonAllaria Wealth Management Ltd. grew its stake in iShares S&P 500 Growth ETF by 45.5% in the first quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after purchasing an additional 125 shares in the last quarter. Davis Capital Management increased its holdings in iShares S&P 500 Growth ETF by 78.4% during 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 period. Finally, GPS Wealth Strategies Group LLC raised its position in iShares S&P 500 Growth ETF by 91.3% during the 2nd 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.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded down $1.07 during mid-day trading on Tuesday, hitting $96.73. The stock had a trading volume of 1,747,692 shares, compared to its average volume of 2,994,664. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $98.05. The firm’s 50-day moving average is $92.88 and its two-hundred day moving average is $89.80. The firm has a market capitalization of $50.68 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.