Silver Oak Securities Incorporated Acquires 36,033 Shares of iShares S&P 500 Growth ETF $IVW

Silver Oak Securities Incorporated lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 270.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 49,336 shares of the company’s stock after acquiring an additional 36,033 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares S&P 500 Growth ETF were worth $6,126,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IVW. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Davis Capital Management bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Howe & Rusling Inc. grew its holdings in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after purchasing an additional 213 shares during the period. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth about $30,000. Finally, Ransom Advisory Ltd bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $37,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $108.71 on Tuesday. The firm has a 50 day moving average price of $119.53 and a 200-day moving average price of $121.35. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The firm has a market capitalization of $58.36 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

iShares S&P 500 Growth ETF 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.