Johnson Investment Counsel Inc. Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Johnson Investment Counsel Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 135,920 shares of the company’s stock after buying an additional 2,002 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in iShares S&P 500 Growth ETF were worth $13,800,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Gallagher Capital Advisors LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $17,663,000. Sound View Wealth Advisors Group LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 7.1% during the 4th quarter. Sound View Wealth Advisors Group LLC now owns 13,931 shares of the company’s stock worth $1,414,000 after purchasing an additional 925 shares during the period. Sowell Financial Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 11.7% during the 4th quarter. Sowell Financial Services LLC now owns 45,117 shares of the company’s stock worth $4,581,000 after purchasing an additional 4,738 shares during the period. Frontier Asset Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 1.1% during the 4th quarter. Frontier Asset Management LLC now owns 69,830 shares of the company’s stock worth $7,090,000 after purchasing an additional 791 shares during the period. Finally, Argentarii LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $246,000.

iShares S&P 500 Growth ETF Trading Up 0.3 %

NYSEARCA IVW opened at $96.55 on Monday. The stock has a market cap of $53.31 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The stock has a fifty day simple moving average of $103.14 and a 200-day simple moving average of $99.62.

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.