Hershey Financial Advisers LLC Takes $497,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hershey Financial Advisers LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,891 shares of the company’s stock, valued at approximately $497,000.

Several other large investors have also modified their holdings of IVW. Raymond James Financial Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $456,880,000. Wealthfront Advisers LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $350,009,000. LPL Financial LLC raised its position in iShares S&P 500 Growth ETF by 14.4% in the 4th quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after purchasing an additional 2,257,493 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $82,464,000. Finally, Arvest Bank Trust Division purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $56,971,000.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $94.91 on Monday. The company has a fifty day moving average price of $101.47 and a 200 day moving average price of $99.72. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company has a market cap of $52.41 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.

About iShares S&P 500 Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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