Meridian Wealth Management LLC Buys New Shares in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Meridian Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,008 shares of the company’s stock, valued at approximately $767,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. O Shaughnessy Asset Management LLC boosted its holdings in iShares S&P 500 Growth ETF by 8.2% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 11,622 shares of the company’s stock valued at $981,000 after acquiring an additional 881 shares during the period. Waverly Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF by 79.9% in the first quarter. Waverly Advisors LLC now owns 30,724 shares of the company’s stock worth $2,594,000 after buying an additional 13,642 shares during the period. Icon Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 128.0% during the 1st quarter. Icon Wealth Advisors LLC now owns 266,242 shares of the company’s stock valued at $22,481,000 after buying an additional 149,486 shares during the last quarter. High Falls Advisors Inc boosted its position in iShares S&P 500 Growth ETF by 42.9% during the 1st quarter. High Falls Advisors Inc now owns 127,333 shares of the company’s stock valued at $10,752,000 after buying an additional 38,224 shares during the period. Finally, Ancora Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 98.9% in the 1st quarter. Ancora Advisors LLC now owns 23,542 shares of the company’s stock worth $1,988,000 after acquiring an additional 11,708 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.0 %

IVW stock opened at $99.62 on Friday. The stock has a market capitalization of $52.19 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average price is $97.06 and its two-hundred day moving average price is $92.91. iShares S&P 500 Growth ETF has a 12-month low of $71.93 and a 12-month high of $101.55.

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.