Redwood Investment Management LLC Acquires 4,859 Shares of iShares S&P 500 Growth ETF $IVW

Redwood Investment Management LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,076 shares of the company’s stock after purchasing an additional 4,859 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 0.6% of Redwood Investment Management LLC’s investment portfolio, making the stock its 25th biggest holding. Redwood Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,759,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares S&P 500 Growth ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after buying an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC raised its position in iShares S&P 500 Growth ETF by 2,637.2% in the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after buying an additional 1,125,813 shares during the last quarter. Focus Partners Wealth lifted its stake in iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares during the period. Fifth Third Bancorp lifted its stake in iShares S&P 500 Growth ETF by 131.3% during the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after acquiring an additional 850,349 shares during the period. Finally, Valpey Financial Services LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after acquiring an additional 706,345 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $135.25 on Monday. The firm’s 50-day moving average price is $136.10 and its 200-day moving average price is $127.73. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company has a market cap of $73.85 billion, a PE 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.