Fifth Third Wealth Advisors LLC Acquires 2,536 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fifth Third Wealth Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 37.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,220 shares of the company’s stock after purchasing an additional 2,536 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $856,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in IVW. Caprock Group LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $669,000. DAVENPORT & Co LLC increased its holdings in iShares S&P 500 Growth ETF by 9.2% in the fourth quarter. DAVENPORT & Co LLC now owns 12,782 shares of the company’s stock worth $1,298,000 after purchasing an additional 1,075 shares in the last quarter. Golden State Equity Partners bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $416,000. McAdam LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 5.0% during the fourth quarter. McAdam LLC now owns 5,401 shares of the company’s stock valued at $548,000 after acquiring an additional 255 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 125.9% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 942 shares of the company’s stock valued at $96,000 after acquiring an additional 525 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8%

NYSEARCA IVW opened at $104.39 on Tuesday. The company has a market cap of $56.30 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $107.14. The business has a 50 day moving average price of $95.22 and a 200-day moving average price of $99.44.

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.