iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Raised by World Investment Advisors

World Investment Advisors raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 116.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 587,869 shares of the company’s stock after buying an additional 315,896 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.6% of World Investment Advisors’ investment portfolio, making the stock its 5th biggest position. World Investment Advisors owned about 0.11% of iShares S&P 500 Growth ETF worth $59,686,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $456,880,000. Wealthfront Advisers LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $350,009,000. LPL Financial LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after purchasing an additional 2,257,493 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after purchasing an additional 764,970 shares during the period. Finally, Arvest Bank Trust Division acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $56,971,000.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $94.31 on Thursday. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The firm has a 50 day moving average price of $100.13 and a 200 day moving average price of $99.88. The company has a market cap of $51.91 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08.

iShares S&P 500 Growth ETF 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.