NewEdge Advisors LLC Acquires 71,674 Shares of iShares S&P 500 Growth ETF $IVW

NewEdge Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,821,181 shares of the company’s stock after buying an additional 71,674 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 0.7% of NewEdge Advisors LLC’s portfolio, making the stock its 21st largest holding. NewEdge Advisors LLC owned about 0.34% of iShares S&P 500 Growth ETF worth $205,994,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Strive Financial Group LLC bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $28,000. Finally, Entrust Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Down 0.2%

Shares of NYSEARCA IVW opened at $141.24 on Thursday. The firm’s fifty day moving average is $136.25 and its 200 day moving average is $128.07. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $143.26. The company has a market cap of $77.11 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. 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.