First Merchants Corp Buys Shares of 100,826 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

First Merchants Corp bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 100,826 shares of the company’s stock, valued at approximately $18,152,000. iShares S&P 500 Growth ETF makes up about 1.9% of First Merchants Corp’s investment portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Marshall Wace LLP increased its position in shares of iShares S&P 500 Growth ETF by 55.5% during the first quarter. Marshall Wace LLP now owns 2,104 shares of the company’s stock valued at $363,000 after acquiring an additional 751 shares in the last quarter. First Trust Advisors LP increased its position in shares of iShares S&P 500 Growth ETF by 81.2% during the first quarter. First Trust Advisors LP now owns 26,926 shares of the company’s stock valued at $4,641,000 after acquiring an additional 12,069 shares in the last quarter. Thomasville National Bank increased its position in shares of iShares S&P 500 Growth ETF by 0.7% during the second quarter. Thomasville National Bank now owns 17,831 shares of the company’s stock valued at $3,196,000 after acquiring an additional 126 shares in the last quarter. Summit Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $1,347,000. Finally, Advocacy Wealth Management Services LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $118,000.

Shares of IVW opened at $180.89 on Friday. The firm has a 50 day moving average of $180.42 and a 200 day moving average of $178.67. iShares S&P 500 Growth ETF has a twelve month low of $140.49 and a twelve month high of $185.23.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were issued a $0.6213 dividend. This represents a yield of 1.3%. The ex-dividend date was Tuesday, September 24th.

iShares S&P 500 Growth ETF Company Profile

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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