Raymond James Financial Inc. Buys Shares of 4,499,950 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Raymond James Financial Inc. acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,499,950 shares of the company’s stock, valued at approximately $456,880,000. Raymond James Financial Inc. owned 0.86% of iShares S&P 500 Growth ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. BankPlus Trust Department acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $36,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $40,000. Compass Financial Services Inc acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $40,000. POM Investment Strategies LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares during the period. Finally, Copley Financial Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at $64,000.

iShares S&P 500 Growth ETF Stock Up 1.4 %

Shares of iShares S&P 500 Growth ETF stock opened at $99.07 on Thursday. The firm has a market cap of $55.28 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07. The business has a fifty day simple moving average of $103.45 and a 200-day simple moving average of $99.54. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

iShares S&P 500 Growth ETF 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.