iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,878,487 shares of the company’s stock after acquiring an additional 764,970 shares during the quarter. JPMorgan Chase & Co. owned approximately 8.57% of iShares S&P 500 Growth ETF worth $4,556,513,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of IVW. Graney & King LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $86,000. Mendel Money Management raised its position in iShares S&P 500 Growth ETF by 5.9% in the fourth quarter. Mendel Money Management now owns 5,306 shares of the company’s stock valued at $539,000 after purchasing an additional 296 shares during the period. SwitchPoint Financial Planning LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $473,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $90,000. Finally, Florida Financial Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $1,151,000.

iShares S&P 500 Growth ETF Trading Down 2.2 %

Shares of IVW opened at $95.50 on Thursday. The company’s 50-day moving average price is $101.19 and its 200 day moving average price is $99.81. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The firm has a market cap of $52.57 billion, a P/E ratio of 30.22 and a beta of 1.08.

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.