iShares S&P 500 Growth ETF (NYSEARCA:IVW) Stake Boosted by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 16.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,669 shares of the company’s stock after purchasing an additional 5,403 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,904,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after purchasing an additional 7,681,845 shares during the last quarter. LPL Financial LLC increased its position in iShares S&P 500 Growth ETF by 35.1% in the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after buying an additional 1,998,078 shares during the period. Envestnet Portfolio Solutions Inc. bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $133,439,000. Morgan Stanley increased its position in iShares S&P 500 Growth ETF by 5.5% in the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares during the period. Finally, Comerica Bank bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $75,684,000.

iShares S&P 500 Growth ETF Stock Up 1.4 %

NYSEARCA IVW traded up $1.16 during trading on Monday, hitting $84.53. The company’s stock had a trading volume of 1,471,932 shares, compared to its average volume of 3,486,236. The firm has a 50 day moving average price of $83.14 and a 200 day moving average price of $77.66. The firm has a market cap of $44.14 billion, a P/E ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52 week low of $64.24 and a 52 week high of $85.56.

iShares S&P 500 Growth ETF Company 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.