Bridges Investment Management Inc. Acquires 122 Shares of iShares S&P 500 Growth ETF $IVW

Bridges Investment Management Inc. grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 46,875 shares of the company’s stock after purchasing an additional 122 shares during the quarter. Bridges Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $5,161,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of IVW. Envestnet Asset Management Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 5.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after purchasing an additional 2,350,072 shares during the last quarter. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after buying an additional 988,955 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in iShares S&P 500 Growth ETF by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after buying an additional 279,859 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 4.3% in the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock worth $327,992,000 after buying an additional 147,169 shares during the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of iShares S&P 500 Growth ETF by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock worth $321,729,000 after acquiring an additional 253,383 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $120.40 on Thursday. The firm has a market cap of $65.58 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. The business’s 50-day simple moving average is $117.82 and its 200-day simple moving average is $107.70. iShares S&P 500 Growth ETF has a 52 week low of $79.31 and a 52 week high of $122.66.

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.