iShares S&P 500 Growth ETF $IVW is Royal Fund Management LLC’s 9th Largest Position

Royal Fund Management LLC grew its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 76.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 142,985 shares of the company’s stock after acquiring an additional 61,906 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.6% of Royal Fund Management LLC’s holdings, making the stock its 9th largest holding. Royal Fund Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,628,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. The Manufacturers Life Insurance Company increased its position in iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock valued at $188,160,000 after acquiring an additional 1,311,063 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in iShares S&P 500 Growth ETF by 196.9% in the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock valued at $174,005,000 after acquiring an additional 955,862 shares during the period. EP Wealth Advisors LLC boosted its position in iShares S&P 500 Growth ETF by 487.9% in the second quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after purchasing an additional 563,960 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock valued at $935,874,000 after purchasing an additional 547,663 shares during the period. Finally, CGC Financial Services LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $40,544,000.

iShares S&P 500 Growth ETF Stock Down 0.8%

Shares of NYSEARCA:IVW opened at $108.71 on Tuesday. The stock has a market capitalization of $58.36 billion, a PE ratio of 33.33 and a beta of 1.11. The firm’s 50 day moving average price is $119.53 and its 200-day moving average price is $121.35. iShares S&P 500 Growth ETF has a twelve month low of $79.31 and a twelve month high of $126.61.

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.