NewEdge Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 1.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,841,602 shares of the company’s stock after purchasing an additional 20,421 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 0.7% of NewEdge Advisors LLC’s investment portfolio, making the stock its 21st largest holding. NewEdge Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $253,275,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in iShares S&P 500 Growth ETF by 6.6% during 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 purchasing an additional 1,229,382 shares during the last quarter. Calamos Advisors LLC lifted its position in 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 valued at $132,169,000 after purchasing an additional 1,125,813 shares during the period. Focus Partners Wealth lifted its position in iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after purchasing an additional 859,584 shares during the period. Fifth Third Bancorp boosted its stake in shares of iShares S&P 500 Growth ETF by 131.3% in the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after purchasing an additional 850,349 shares during the last quarter. Finally, Valpey Financial Services LLC grew its position in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after buying an additional 706,345 shares during the period.
iShares S&P 500 Growth ETF Price Performance
Shares of NYSEARCA:IVW opened at $139.82 on Wednesday. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $143.26. The stock has a market cap of $76.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company has a 50 day moving average of $137.95 and a 200-day moving average of $131.12.
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.
Further Reading
- Five stocks we like better than iShares S&P 500 Growth ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
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.
