Modera Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 1.0% during the 3rd quarter, Holdings Channel reports. The fund owned 631,907 shares of the company’s stock after purchasing an additional 5,950 shares during the period. iShares S&P 500 Growth ETF comprises approximately 0.9% of Modera Wealth Management LLC’s holdings, making the stock its 27th largest position. Modera Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $89,895,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in IVW. Bank of America Corp DE raised its position in shares of iShares S&P 500 Growth ETF by 6.6% in 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 acquiring an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2,637.2% during the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after purchasing an additional 1,125,813 shares during the last quarter. Fifth Third Bancorp lifted its stake in shares of iShares S&P 500 Growth ETF by 131.3% during the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after purchasing an additional 850,349 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 Growth ETF by 5.4% during the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after purchasing an additional 245,310 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in iShares S&P 500 Growth ETF by 5.8% during the first quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after purchasing an additional 193,529 shares in the last quarter.
iShares S&P 500 Growth ETF Price Performance
Shares of IVW stock opened at $134.46 on Friday. The stock’s 50-day moving average is $140.66 and its 200 day moving average is $131.87. 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 cap of $74.30 billion, a P/E ratio of 33.33 and a beta of 1.17.
iShares S&P 500 Growth ETF 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. 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.
See Also
- Five stocks we like better than iShares S&P 500 Growth ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report).
Receive News & Ratings for iShares S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
