Menard Financial Group LLC Buys Shares of 2,163 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Menard Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,163 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Aveo Capital Partners LLC grew its stake in iShares S&P 500 Growth ETF by 13.4% in the fourth quarter. Aveo Capital Partners LLC now owns 6,602 shares of the company’s stock valued at $496,000 after acquiring an additional 779 shares during the period. 9258 Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF by 1.3% in the fourth quarter. 9258 Wealth Management LLC now owns 15,322 shares of the company’s stock valued at $1,151,000 after acquiring an additional 198 shares during the period. Coldstream Capital Management Inc. grew its stake in iShares S&P 500 Growth ETF by 4.0% in the fourth quarter. Coldstream Capital Management Inc. now owns 90,833 shares of the company’s stock valued at $6,822,000 after acquiring an additional 3,510 shares during the period. Balentine LLC grew its stake in iShares S&P 500 Growth ETF by 28.4% in the fourth quarter. Balentine LLC now owns 2,026 shares of the company’s stock valued at $152,000 after acquiring an additional 448 shares during the period. Finally, Sachetta LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $404,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $93.40 on Monday. The firm has a market cap of $48.93 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock’s 50-day moving average is $91.64 and its 200-day moving average is $88.10. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $97.22.

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.