iShares S&P 500 Growth ETF $IVW Shares Acquired by Finemark National Bank & Trust

Finemark National Bank & Trust raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 93,393 shares of the company’s stock after acquiring an additional 9,510 shares during the quarter. Finemark National Bank & Trust’s holdings in iShares S&P 500 Growth ETF were worth $11,274,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at about $30,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% during the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Financial Consulate Inc. bought a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $41,000. Finally, Optiver Holding B.V. acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $46,000.

iShares S&P 500 Growth ETF Trading Down 0.9%

IVW stock opened at $119.56 on Friday. The firm has a market cap of $64.18 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The stock’s 50 day simple moving average is $122.70 and its 200 day simple moving average is $121.14.

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. 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.