Blue Edge Capital LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 296,902 shares of the company’s stock, valued at approximately $40,833,000. iShares S&P 500 Growth ETF makes up about 4.9% of Blue Edge Capital LLC’s portfolio, making the stock its 3rd biggest holding.
A number of other large investors also recently added to or reduced their stakes in the stock. Morgan Stanley lifted its holdings in iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after purchasing an additional 186,391 shares in the last quarter. LPL Financial LLC boosted its position in iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after acquiring an additional 357,495 shares during the last quarter. Bank of America Corp DE boosted its position in iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after acquiring an additional 1,229,382 shares during the last quarter. 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 valued at $1,851,508,000 after acquiring an additional 80,216 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in iShares S&P 500 Growth ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after acquiring an additional 245,310 shares during the last quarter.
iShares S&P 500 Growth ETF Stock Performance
Shares of iShares S&P 500 Growth ETF stock opened at $140.82 on Friday. The business’s 50 day moving average price is $137.20 and its 200 day moving average price is $130.03. The company has a market cap of $76.88 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $143.26.
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.
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