Capstone Triton Financial Group LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Capstone Triton Financial Group 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 filing with the Securities and Exchange Commission. The firm purchased 2,165 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds have also added to or reduced their stakes in IVW. 1620 Investment Advisors Inc. bought a new stake in iShares S&P 500 Growth ETF during the second quarter worth $34,000. Financial Connections Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. CarsonAllaria Wealth Management Ltd. lifted its position in shares of iShares S&P 500 Growth ETF by 45.5% during the 1st quarter. CarsonAllaria Wealth Management Ltd. now owns 400 shares of the company’s stock worth $34,000 after buying an additional 125 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its stake in iShares S&P 500 Growth ETF by 91.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock valued at $39,000 after buying an additional 199 shares in the last quarter. Finally, Avondale Wealth Management grew its position in iShares S&P 500 Growth ETF by 56.1% in the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock valued at $40,000 after acquiring an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.2 %

IVW stock opened at $94.91 on Friday. The firm has a 50-day moving average price of $91.42 and a 200-day moving average price of $88.40. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock has a market capitalization of $49.72 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.