31,636 Shares in iShares S&P 500 Growth ETF $IVW Bought by Matrix Private Capital Group LLC

Matrix Private Capital Group LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the first quarter, Holdings Channel reports. The fund bought 31,636 shares of the company’s stock, valued at approximately $3,578,000. iShares S&P 500 Growth ETF accounts for 1.7% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds have also modified their holdings of the stock. Decker Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth about $2,991,000. Brookstone Capital Management boosted its holdings in shares of iShares S&P 500 Growth ETF by 5.7% in the fourth quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock worth $29,233,000 after buying an additional 12,778 shares during the period. Chatterton & Associates Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 33.5% in the first quarter. Chatterton & Associates Inc. now owns 44,180 shares of the company’s stock worth $5,306,000 after buying an additional 11,089 shares during the period. Silver Oak Securities Incorporated increased its position in shares of iShares S&P 500 Growth ETF by 270.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 49,336 shares of the company’s stock worth $6,126,000 after acquiring an additional 36,033 shares in the last quarter. Finally, Summit Financial Consulting LLC increased its position in shares of iShares S&P 500 Growth ETF by 9.4% in the fourth quarter. Summit Financial Consulting LLC now owns 60,751 shares of the company’s stock worth $7,488,000 after acquiring an additional 5,199 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $132.83 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company’s 50 day simple moving average is $136.45 and its 200-day simple moving average is $127.42. The firm has a market capitalization of $72.44 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.