Evanson Financial LLC Buys Shares of 21,353 iShares S&P 500 Growth ETF $IVW

Evanson Financial LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,353 shares of the company’s stock, valued at approximately $2,937,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $26,000. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $28,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $141.11 on Friday. The company has a market capitalization of $77.04 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm’s 50 day simple moving average is $136.28 and its 200 day simple moving average is $128.19. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $143.26.

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.