Hyundai Investments Co. Ltd. Buys Shares of 6,845 iShares S&P 500 Growth ETF $IVW

Hyundai Investments Co. Ltd. bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, Holdings Channel reports. The fund bought 6,845 shares of the company’s stock, valued at approximately $850,000. iShares S&P 500 Growth ETF makes up approximately 0.8% of Hyundai Investments Co. Ltd.’s holdings, making the stock its 5th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in IVW. Brookstone Capital Management raised its holdings in shares of iShares S&P 500 Growth ETF by 5.7% in the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after acquiring an additional 12,778 shares in the last quarter. Capital Advantage Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 40.9% in the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock valued at $3,143,000 after acquiring an additional 7,396 shares in the last quarter. Meridian Wealth Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 75.0% in the 3rd quarter. Meridian Wealth Advisors LLC now owns 41,747 shares of the company’s stock valued at $5,040,000 after acquiring an additional 17,896 shares in the last quarter. Embree Financial Group raised its holdings in shares of iShares S&P 500 Growth ETF by 61.2% in the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after acquiring an additional 23,416 shares in the last quarter. Finally, Caprock Group LLC purchased a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $782,000.

iShares S&P 500 Growth ETF Stock Up 2.8%

NYSEARCA:IVW opened at $138.73 on Tuesday. The business’s 50-day moving average price is $131.88 and its two-hundred day moving average price is $124.91. iShares S&P 500 Growth ETF has a twelve month low of $104.21 and a twelve month high of $141.98. The stock has a market cap of $75.18 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.