Keenan LLC Purchases Shares of 42,978 iShares S&P 500 Growth ETF $IVW

Keenan LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 42,978 shares of the company’s stock, valued at approximately $5,297,000. iShares S&P 500 Growth ETF makes up about 4.6% of Keenan LLC’s portfolio, making the stock its 9th largest holding.

Several other institutional investors have also modified their holdings of IVW. Morgan Stanley raised its stake in shares of iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after acquiring an additional 186,391 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the period. Wells Fargo & Company MN grew its stake in iShares S&P 500 Growth ETF by 0.5% during the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after purchasing an additional 80,216 shares in the last quarter. UBS Group AG grew its stake in iShares S&P 500 Growth ETF by 0.9% during the 3rd quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock worth $1,075,770,000 after purchasing an additional 76,602 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in iShares S&P 500 Growth ETF by 3.4% during the 4th quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock worth $555,817,000 after purchasing an additional 146,739 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $137.96 on Friday. The stock’s 50-day moving average is $133.56 and its two-hundred day moving average is $125.28. iShares S&P 500 Growth ETF has a 1-year low of $104.21 and a 1-year high of $141.98. The company has a market cap of $74.77 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.