28,612 Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW) Bought by Cadence Bank

Cadence Bank purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, HoldingsChannel reports. The fund purchased 28,612 shares of the company’s stock, valued at approximately $2,740,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. BNP Paribas Financial Markets lifted its stake in shares of iShares S&P 500 Growth ETF by 35.6% in the third quarter. BNP Paribas Financial Markets now owns 162,318 shares of the company’s stock valued at $15,542,000 after buying an additional 42,616 shares during the period. Elios Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $2,425,000. Patton Albertson Miller Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 16.2% during the 3rd quarter. Patton Albertson Miller Group LLC now owns 54,313 shares of the company’s stock worth $5,200,000 after purchasing an additional 7,590 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $82,464,000. Finally, Capital Square LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.3% during the third quarter. Capital Square LLC now owns 14,870 shares of the company’s stock valued at $1,424,000 after purchasing an additional 339 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $100.66 on Wednesday. iShares S&P 500 Growth ETF has a one year low of $71.93 and a one year high of $101.55. The stock has a fifty day moving average price of $97.34 and a 200 day moving average price of $93.19. The stock has a market cap of $52.74 billion, a P/E 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.