International Assets Investment Management LLC Acquires 1,951 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

International Assets Investment Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.4% during the first quarter, HoldingsChannel reports. The fund owned 20,707 shares of the company’s stock after purchasing an additional 1,951 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,922,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $456,880,000. Wealthfront Advisers LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $350,009,000. FIL Ltd bought a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $309,434,000. LPL Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after acquiring an additional 2,257,493 shares in the last quarter. Finally, Sofi Wealth LLC boosted its stake in iShares S&P 500 Growth ETF by 4,023.6% during the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock worth $172,386,000 after acquiring an additional 1,811,974 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.3%

Shares of NYSEARCA IVW opened at $105.92 on Tuesday. The firm has a market cap of $57.35 billion, a PE ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $107.14. The company’s fifty day simple moving average is $99.95 and its 200 day simple moving average is $99.93.

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.