Farmers & Merchants Investments Inc. Has $11.70 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Farmers & Merchants Investments Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,166 shares of the company’s stock after purchasing an additional 9,256 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares S&P 500 Growth ETF were worth $11,697,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IVW. Integrated Advisors Network LLC increased its stake in shares of iShares S&P 500 Growth ETF by 267.1% during the 3rd quarter. Integrated Advisors Network LLC now owns 30,710 shares of the company’s stock worth $2,941,000 after purchasing an additional 22,344 shares during the last quarter. Trail Ridge Investment Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 7.0% during the third quarter. Trail Ridge Investment Advisors LLC now owns 3,737 shares of the company’s stock worth $360,000 after purchasing an additional 245 shares during the period. Gateway Wealth Partners LLC increased its position in iShares S&P 500 Growth ETF by 2.8% during the third quarter. Gateway Wealth Partners LLC now owns 48,032 shares of the company’s stock worth $4,599,000 after buying an additional 1,314 shares during the last quarter. TCP Asset Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 5,146.8% in the third quarter. TCP Asset Management LLC now owns 135,998 shares of the company’s stock valued at $13,022,000 after buying an additional 133,406 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 25.6% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 74,451 shares of the company’s stock worth $7,129,000 after acquiring an additional 15,153 shares during the period.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock traded up $0.08 during mid-day trading on Tuesday, hitting $97.74. 74,664 shares of the company’s stock traded hands, compared to its average volume of 2,925,587. The firm has a 50 day simple moving average of $94.44 and a two-hundred day simple moving average of $90.72. The stock has a market cap of $51.21 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a fifty-two week low of $65.98 and a fifty-two week high of $98.41.

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.