Morgan Dempsey Capital Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 400 shares of the company’s stock, valued at approximately $44,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Growth ETF by 5.1% in the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after acquiring an additional 2,350,072 shares during the last quarter. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 5.5% in the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after acquiring an additional 988,955 shares during the last quarter. Goldman Sachs Group Inc. grew its position in iShares S&P 500 Growth ETF by 4.4% in the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after acquiring an additional 279,859 shares during the last quarter. Commonwealth Equity Services LLC grew its position in iShares S&P 500 Growth ETF by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after acquiring an additional 147,169 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in iShares S&P 500 Growth ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after acquiring an additional 253,383 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Up 0.5%
iShares S&P 500 Growth ETF stock opened at $120.40 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $122.66. The business’s 50-day moving average price is $118.05 and its two-hundred day moving average price is $108.16. The stock has a market cap of $65.48 billion, a PE ratio of 33.33 and a beta of 1.05.
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.
Further Reading
- Five stocks we like better than iShares S&P 500 Growth ETF
- Are Penny Stocks a Good Fit for Your Portfolio?
- Johnson & Johnson’s M&A Strategy Is the Real Story for Investors
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Tesla: Some Analysts Are Calling for A 30% Drop—Time to Panic?
- 10 Best Airline Stocks to Buy
- Hedge Funds Flip on the Dollar—A Buy Signal for These 3 Stocks?
Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.