Lansing Street Advisors Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lansing Street Advisors boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,376 shares of the company’s stock after acquiring an additional 15,153 shares during the period. iShares S&P 500 Growth ETF comprises about 3.1% of Lansing Street Advisors’ portfolio, making the stock its 9th largest position. Lansing Street Advisors’ holdings in iShares S&P 500 Growth ETF were worth $8,973,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $40,000. Compass Financial Services Inc bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $40,000. POM Investment Strategies LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares in the last quarter. Valued Wealth Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after buying an additional 370 shares in the last quarter. Finally, Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $64,000.

iShares S&P 500 Growth ETF Stock Down 2.4 %

Shares of iShares S&P 500 Growth ETF stock opened at $103.43 on Friday. The firm has a market capitalization of $57.71 billion, a P/E ratio of 33.87 and a beta of 1.07. The company has a 50 day moving average price of $104.04 and a 200 day moving average price of $98.94. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14.

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.