Tranquility Partners LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Tranquility Partners LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,034 shares of the company’s stock, valued at approximately $224,000.

Other large investors also recently bought and sold shares of the company. Elite Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth about $26,000. Flaharty Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth about $26,000. Mechanics Financial Corp acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $33,000. Finally, Cloud Capital Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter worth about $36,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $118.29 on Friday. The stock has a 50-day simple moving average of $117.43 and a 200-day simple moving average of $107.24. The stock has a market cap of $64.41 billion, a P/E ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $122.66.

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.