Rossby Financial LCC Acquires New Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Rossby Financial LCC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,297 shares of the company’s stock, valued at approximately $639,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IVW. Mountain Hill Investment Partners Corp. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $28,000. BankPlus Trust Department bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $36,000. Hantz Financial Services Inc. purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $40,000. Compass Financial Services Inc bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Finally, Bellevue Asset Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $90.39 on Monday. The company has a market cap of $49.24 billion, a price-to-earnings ratio of 28.32 and a beta of 1.12. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The firm has a fifty day moving average price of $97.06 and a 200-day moving average price of $99.43.

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.