Adaptive Financial Consulting LLC increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 2.9% in the 1st quarter, HoldingsChannel reports. The fund owned 180,794 shares of the company’s stock after acquiring an additional 5,142 shares during the period. iShares S&P 500 Growth ETF accounts for approximately 7.8% of Adaptive Financial Consulting LLC’s holdings, making the stock its 5th largest holding. Adaptive Financial Consulting LLC’s holdings in iShares S&P 500 Growth ETF were worth $20,450,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in IVW. Calamos Advisors LLC raised its stake in shares of 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 in the last quarter. Focus Partners Wealth raised its position in iShares S&P 500 Growth ETF by 81.0% in the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after acquiring an additional 859,584 shares in the last quarter. Fifth Third Bancorp raised 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 worth $169,417,000 after acquiring an additional 850,349 shares in the last quarter. Valpey Financial Services LLC lifted its holdings in iShares S&P 500 Growth ETF by 11,889.3% in 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. Finally, Align Financial LLC acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at about $49,180,000.
iShares S&P 500 Growth ETF Price Performance
Shares of IVW opened at $136.26 on Friday. The firm’s 50 day moving average is $136.71 and its 200-day moving average is $126.99. The stock has a market capitalization of $74.22 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98.
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.
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