Independence Bank of Kentucky Acquires 8,617 Shares of iShares S&P 500 Growth ETF $IVW

Independence Bank of Kentucky boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1,641.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,142 shares of the company’s stock after acquiring an additional 8,617 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares S&P 500 Growth ETF were worth $1,257,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IVW. Investors Research Corp grew its stake in iShares S&P 500 Growth ETF by 1.4% in the 2nd quarter. Investors Research Corp now owns 5,414 shares of the company’s stock worth $745,000 after buying an additional 75 shares in the last quarter. Rinkey Investments lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.7% during the 2nd quarter. Rinkey Investments now owns 6,022 shares of the company’s stock worth $828,000 after acquiring an additional 98 shares during the last quarter. Nwam LLC grew its position in iShares S&P 500 Growth ETF by 23.1% in the second quarter. Nwam LLC now owns 47,402 shares of the company’s stock worth $6,519,000 after acquiring an additional 8,902 shares in the last quarter. NorthLanding Financial Partners LLC grew its position in iShares S&P 500 Growth ETF by 19.1% in the second quarter. NorthLanding Financial Partners LLC now owns 10,420 shares of the company’s stock worth $1,433,000 after acquiring an additional 1,668 shares in the last quarter. Finally, Rehmann Capital Advisory Group increased its stake in iShares S&P 500 Growth ETF by 11.9% in the second quarter. Rehmann Capital Advisory Group now owns 1,303,025 shares of the company’s stock valued at $179,281,000 after acquiring an additional 138,126 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.0%

IVW opened at $138.21 on Wednesday. The business’s fifty day simple moving average is $137.39 and its 200 day simple moving average is $130.39. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The stock has a market cap of $75.46 billion, a PE ratio of 33.33 and a beta of 1.17.

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.