SVB Wealth LLC Buys New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

SVB Wealth LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 9,576 shares of the company’s stock, valued at approximately $972,000.

A number of other large investors also recently modified their holdings of the business. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $82,464,000. Arvest Bank Trust Division bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $56,971,000. Strategic Financial Concepts LLC grew its position in iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares during the period. Finally, LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.7% during the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after buying an additional 255,991 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $98.60 on Tuesday. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The stock has a market cap of $55.02 billion, a PE ratio of 33.87 and a beta of 1.07. The firm has a 50-day simple moving average of $103.73 and a 200 day simple moving average of $99.51.

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.