Lido Advisors LLC Buys 148,991 Shares of iShares S&P 500 Growth ETF $IVW

Lido Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,788,440 shares of the company’s stock after purchasing an additional 148,991 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.4% of Lido Advisors LLC’s portfolio, making the stock its 8th largest position. Lido Advisors LLC owned approximately 0.71% of iShares S&P 500 Growth ETF worth $459,649,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. United Bank grew its holdings in iShares S&P 500 Growth ETF by 4.6% in the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares in the last quarter. Schnieders Capital Management LLC. bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. grew its holdings in iShares S&P 500 Growth ETF by 13.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after buying an additional 707 shares in the last quarter. First Trust Advisors LP grew its holdings in iShares S&P 500 Growth ETF by 15.4% in the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $140.00 on Thursday. iShares S&P 500 Growth ETF has a 12-month low of $104.02 and a 12-month high of $141.98. The firm has a market capitalization of $75.87 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a 50 day simple moving average of $128.24 and a 200 day simple moving average of $124.03.

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. 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.