Thrivent Financial for Lutherans Raises Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Thrivent Financial for Lutherans raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.3% in the third quarter, Holdings Channel.com reports. The firm owned 1,438,191 shares of the company’s stock after buying an additional 146,348 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares S&P 500 Growth ETF were worth $137,711,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. 1620 Investment Advisors Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the second quarter worth $34,000. Financial Connections Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter worth $35,000. GPS Wealth Strategies Group LLC increased its position in shares of iShares S&P 500 Growth ETF by 91.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 417 shares of the company’s stock worth $39,000 after purchasing an additional 199 shares during the last quarter. Davis Capital Management raised its stake in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after purchasing an additional 181 shares in the last quarter. Finally, Avondale Wealth Management lifted its position in shares of iShares S&P 500 Growth ETF by 56.1% during the second quarter. Avondale Wealth Management now owns 434 shares of the company’s stock worth $40,000 after purchasing an additional 156 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $98.33 on Friday. The company has a market capitalization of $51.52 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $71.68 and a one year high of $101.55. The stock has a 50-day simple moving average of $96.26 and a 200 day simple moving average of $92.34.

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.