79,308 Shares in iShares S&P 500 Growth ETF $IVW Bought by Carmel Capital Partners LLC

Carmel Capital Partners LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 79,308 shares of the company’s stock, valued at approximately $11,282,000. iShares S&P 500 Growth ETF accounts for approximately 4.0% of Carmel Capital Partners LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Growth ETF by 6.6% during 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 during the period. Calamos Advisors LLC boosted its stake 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 valued at $132,169,000 after buying an additional 1,125,813 shares in the last quarter. Fifth Third Bancorp grew its position in iShares S&P 500 Growth ETF by 131.3% in the first 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. Vise Technologies Inc. grew its position in iShares S&P 500 Growth ETF by 41.5% in the third quarter. Vise Technologies Inc. now owns 843,079 shares of the company’s stock valued at $119,936,000 after acquiring an additional 247,468 shares during the period. Finally, Cetera Investment Advisers grew its position in iShares S&P 500 Growth ETF by 5.4% in the first 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 period.

iShares S&P 500 Growth ETF Stock Up 0.9%

iShares S&P 500 Growth ETF stock traded up $1.21 during mid-day trading on Friday, hitting $129.63. 2,579,546 shares of the company were exchanged, compared to its average volume of 2,974,324. The business has a fifty day moving average of $140.00 and a 200 day moving average of $132.10. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The company has a market capitalization of $71.70 billion, a PE ratio of 24.96 and a beta of 1.17.

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.