Clark Capital Management Group Inc. Buys 1,797 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Clark Capital Management Group Inc. grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 18.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,626 shares of the company’s stock after acquiring an additional 1,797 shares during the period. Clark Capital Management Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $1,180,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of IVW. Franklin Resources Inc. grew its position in shares of iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. Franklin Resources Inc. now owns 83,882 shares of the company’s stock worth $8,204,000 after buying an additional 439 shares in the last quarter. Fulton Bank N.A. lifted its stake in iShares S&P 500 Growth ETF by 75.6% in the fourth quarter. Fulton Bank N.A. now owns 6,925 shares of the company’s stock worth $703,000 after acquiring an additional 2,982 shares during the period. Watts Gwilliam & Co. LLC grew its holdings in iShares S&P 500 Growth ETF by 6.5% during the 4th quarter. Watts Gwilliam & Co. LLC now owns 119,416 shares of the company’s stock worth $12,229,000 after acquiring an additional 7,334 shares in the last quarter. Baker Tilly Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $436,000. Finally, Graypoint LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 17.1% in the 4th quarter. Graypoint LLC now owns 245,504 shares of the company’s stock valued at $24,926,000 after purchasing an additional 35,766 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $97.06 on Friday. The company has a market cap of $52.99 billion, a PE ratio of 29.66 and a beta of 1.12. The firm’s 50 day moving average price is $92.72 and its 200-day moving average price is $98.93. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $107.14.

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.