2,943 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Purchased by TCP Asset Management LLC

TCP Asset Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the first quarter, Holdings Channel reports. The firm bought 2,943 shares of the company’s stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IVW. Northern Trust Corp increased its position in iShares S&P 500 Growth ETF by 1.4% during the third quarter. Northern Trust Corp now owns 586,956 shares of the company’s stock worth $40,160,000 after buying an additional 8,195 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in iShares S&P 500 Growth ETF by 6.8% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 9,614 shares of the company’s stock worth $658,000 after buying an additional 609 shares during the period. Trexquant Investment LP acquired a new position in iShares S&P 500 Growth ETF during the 3rd quarter valued at $527,000. Truist Financial Corp raised its position in shares of iShares S&P 500 Growth ETF by 5.1% during the third quarter. Truist Financial Corp now owns 1,011,118 shares of the company’s stock valued at $69,181,000 after buying an additional 49,163 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 16.5% in the 3rd quarter. Axxcess Wealth Management LLC now owns 16,333 shares of the company’s stock worth $1,118,000 after acquiring an additional 2,310 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA:IVW traded up $0.83 during midday trading on Wednesday, reaching $94.85. 1,653,558 shares of the company’s stock were exchanged, compared to its average volume of 3,364,259. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $94.90. The firm has a market capitalization of $49.69 billion, a PE ratio of 28.52 and a beta of 1.14. The company’s 50 day simple moving average is $87.80 and its two-hundred day simple moving average is $82.87.

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.