Maiden Cove Capital LLC Buys New Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Maiden Cove Capital LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,756 shares of the company’s stock, valued at approximately $537,000. iShares S&P 500 Growth ETF accounts for about 1.1% of Maiden Cove Capital LLC’s portfolio, making the stock its 27th biggest holding.

Other large investors have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $35,000. GPS Wealth Strategies Group LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after buying an additional 199 shares during the last quarter. Davis Capital Management grew its holdings in iShares S&P 500 Growth ETF by 78.4% during the third quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after acquiring an additional 181 shares during the period. Finally, Avondale Wealth Management raised its position in iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW traded up $0.31 during trading hours on Friday, reaching $101.14. The company had a trading volume of 7,811,511 shares, compared to its average volume of 2,924,653. iShares S&P 500 Growth ETF has a 1-year low of $69.67 and a 1-year high of $101.36. The business’s 50 day moving average price is $95.27 and its 200-day moving average price is $91.62. The firm has a market cap of $52.99 billion, a PE ratio of 28.52 and a beta of 1.14.

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.