JMG Financial Group Ltd. Buys 4,472 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

JMG Financial Group Ltd. grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 45.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 14,334 shares of the company’s stock after acquiring an additional 4,472 shares during the period. JMG Financial Group Ltd.’s holdings in iShares S&P 500 Growth ETF were worth $1,372,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Dynamic Advisor Solutions LLC lifted its stake in iShares S&P 500 Growth ETF by 7.0% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 17,236 shares of the company’s stock worth $1,455,000 after purchasing an additional 1,126 shares in the last quarter. Thrive Wealth Management LLC raised its position in shares of iShares S&P 500 Growth ETF by 10.1% in the first quarter. Thrive Wealth Management LLC now owns 8,779 shares of the company’s stock worth $741,000 after buying an additional 808 shares in the last quarter. 180 Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF during the first quarter valued at $252,000. Dohj LLC grew its position in iShares S&P 500 Growth ETF by 1.9% during the first quarter. Dohj LLC now owns 63,751 shares of the company’s stock worth $5,383,000 after buying an additional 1,175 shares in the last quarter. Finally, Transform Wealth LLC grew its position in iShares S&P 500 Growth ETF by 2.2% during the first quarter. Transform Wealth LLC now owns 212,250 shares of the company’s stock worth $17,922,000 after buying an additional 4,615 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.6 %

NYSEARCA:IVW opened at $96.45 on Thursday. The stock has a market cap of $50.53 billion, a P/E ratio of 28.52 and a beta of 1.14. The business’s 50-day moving average price is $94.18 and its two-hundred day moving average price is $90.40. iShares S&P 500 Growth ETF has a twelve month low of $65.53 and a twelve month high of $98.27.

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.