Raymond James & Associates Acquires 39,828 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Raymond James & Associates lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,111,674 shares of the company’s stock after acquiring an additional 39,828 shares during the quarter. Raymond James & Associates owned 0.40% of iShares S&P 500 Growth ETF worth $178,310,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. DAVENPORT & Co LLC lifted its holdings in iShares S&P 500 Growth ETF by 66.0% in the 3rd quarter. DAVENPORT & Co LLC now owns 11,746 shares of the company’s stock worth $804,000 after purchasing an additional 4,672 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in iShares S&P 500 Growth ETF by 42.6% during the third quarter. Asset Management One Co. Ltd. now owns 156,300 shares of the company’s stock worth $10,694,000 after buying an additional 46,700 shares during the period. U.S. Capital Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 116.6% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 8,890 shares of the company’s stock valued at $608,000 after acquiring an additional 4,786 shares during the last quarter. TNF LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $2,745,000. Finally, Lantz Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $735,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $1.56 during midday trading on Friday, reaching $82.53. The company’s stock had a trading volume of 1,811,103 shares, compared to its average volume of 3,597,853. The firm has a market capitalization of $43.10 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 1 year low of $63.19 and a 1 year high of $85.56. The stock has a fifty day simple moving average of $83.03 and a two-hundred day simple moving average of $77.12.

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.