Highland Investment Advisors LLC Acquires New Stake in iShares S&P 500 Growth ETF $IVW

Highland Investment Advisors LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20,426 shares of the company’s stock, valued at approximately $2,809,000. iShares S&P 500 Growth ETF accounts for approximately 1.2% of Highland Investment Advisors LLC’s portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Strive Financial Group LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $26,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Financial Network Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $30,000. Finally, Entrust Financial LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $140.55 on Friday. The company has a market capitalization of $76.73 billion, a PE ratio of 33.33 and a beta of 1.17. The business’s fifty day moving average is $137.80 and its 200 day moving average is $130.75. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $143.26.

About iShares S&P 500 Growth ETF

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.