Essex Financial Services Inc. Purchases 3,670 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Essex Financial Services Inc. raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,053 shares of the company’s stock after acquiring an additional 3,670 shares during the quarter. Essex Financial Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,051,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after acquiring an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares S&P 500 Growth ETF by 2.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after acquiring an additional 134,169 shares during the last quarter. Park Avenue Securities LLC raised its holdings in iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock worth $387,595,000 after acquiring an additional 15,623 shares in the last quarter. Finally, Huntington National Bank boosted its position in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Huntington National Bank now owns 2,560,058 shares of the company’s stock valued at $245,126,000 after purchasing an additional 7,447 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8 %

IVW stock opened at $105.64 on Tuesday. The company has a market cap of $55.34 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The business has a 50 day moving average price of $103.56 and a two-hundred day moving average price of $97.79.

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.