Pure Financial Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 13.0% during the 4th quarter, Holdings Channel reports. The fund owned 6,397 shares of the company’s stock after purchasing an additional 736 shares during the period. Pure Financial Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently added to or reduced their stakes in IVW. International Assets Investment Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 10,365.3% during the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after purchasing an additional 1,569,612 shares during the period. Sanctuary Advisors LLC acquired a new position in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $100,688,000. The Manufacturers Life Insurance Company bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $82,464,000. Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 Growth ETF by 30.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after acquiring an additional 775,318 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 87.6% in the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after acquiring an additional 693,848 shares in the last quarter.
iShares S&P 500 Growth ETF Price Performance
Shares of NYSEARCA:IVW opened at $104.84 on Wednesday. The stock has a market cap of $54.93 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $105.64. The stock’s 50 day moving average price is $102.21 and its 200 day moving average price is $96.78.
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.
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