Frisch Financial Group Inc. Invests $764,000 in iShares S&P 500 Growth ETF $IVW

Frisch Financial Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,329 shares of the company’s stock, valued at approximately $764,000.

Other large investors have also added to or reduced their stakes in the company. Davis Capital Management bought a new position in iShares S&P 500 Growth ETF during the third quarter worth $28,000. Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at about $30,000. Howe & Rusling Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 484.1% during the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after buying an additional 213 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $41,000. Finally, Curio Wealth LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 51,800.0% during the 2nd quarter. Curio Wealth LLC now owns 519 shares of the company’s stock worth $57,000 after buying an additional 518 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $119.95 on Friday. The firm has a market cap of $64.39 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $126.61. The firm’s 50-day simple moving average is $122.83 and its 200 day simple moving average is $120.83.

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.