Bush Investment Group LLC Lowers Stock Position in iShares S&P 500 Growth ETF $IVW

Bush Investment Group LLC lessened its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 32,655 shares of the company’s stock after selling 8,535 shares during the period. iShares S&P 500 Growth ETF comprises 2.4% of Bush Investment Group LLC’s holdings, making the stock its 11th biggest position. Bush Investment Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,595,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Semus Wealth Partners LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.8% in the 1st quarter. Semus Wealth Partners LLC now owns 11,283 shares of the company’s stock worth $1,047,000 after purchasing an additional 518 shares during the period. Capital Analysts LLC lifted its position in shares of iShares S&P 500 Growth ETF by 5.9% in the 1st quarter. Capital Analysts LLC now owns 198,512 shares of the company’s stock worth $18,428,000 after purchasing an additional 11,123 shares during the period. Lockerman Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 1st quarter worth approximately $281,000. DAVENPORT & Co LLC lifted its position in shares of iShares S&P 500 Growth ETF by 45.3% in the 1st quarter. DAVENPORT & Co LLC now owns 18,578 shares of the company’s stock worth $1,725,000 after purchasing an additional 5,796 shares during the period. Finally, May Hill Capital LLC lifted its position in shares of iShares S&P 500 Growth ETF by 337.5% in the 1st quarter. May Hill Capital LLC now owns 20,881 shares of the company’s stock worth $1,938,000 after purchasing an additional 16,108 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW opened at $119.00 on Friday. The company has a 50 day moving average price of $114.10 and a 200-day moving average price of $103.81. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $119.29. The stock has a market capitalization of $65.21 billion, a PE ratio of 33.33 and a beta of 1.05.

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.