Cynosure Group LLC Invests $268,000 in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cynosure Group LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,640 shares of the company’s stock, valued at approximately $268,000.

Several other hedge funds also recently made changes to their positions in IVW. Mountain Hill Investment Partners Corp. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $28,000. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $40,000. Compass Financial Services Inc bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Finally, Bellevue Asset Management LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $83.65 on Friday. The company has a market capitalization of $46.05 billion, a PE ratio of 30.22 and a beta of 1.08. The business has a fifty day moving average price of $99.33 and a 200-day moving average price of $99.74. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

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.