Murphy & Mullick Capital Management Corp Purchases Shares of 884 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Murphy & Mullick Capital Management Corp acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, Holdings Channel.com reports. The firm acquired 884 shares of the company’s stock, valued at approximately $90,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. The Manufacturers Life Insurance Company acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $82,464,000. BNP Paribas Financial Markets boosted its holdings in iShares S&P 500 Growth ETF by 35.6% in the third quarter. BNP Paribas Financial Markets now owns 162,318 shares of the company’s stock worth $15,542,000 after acquiring an additional 42,616 shares in the last quarter. Cadence Bank acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at approximately $2,740,000. Freedom Investment Management Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 15.4% during the third quarter. Freedom Investment Management Inc. now owns 5,663 shares of the company’s stock valued at $542,000 after acquiring an additional 756 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 33.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 524,147 shares of the company’s stock worth $50,187,000 after purchasing an additional 131,159 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 2.2 %

IVW opened at $95.50 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The company has a market cap of $52.57 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. The company’s fifty day moving average price is $101.19 and its two-hundred day moving average price is $99.81.

iShares S&P 500 Growth ETF 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.