WealthCare Asset Management LLC Purchases New Position in iShares S&P 500 Growth ETF $IVW

WealthCare Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 18,496 shares of the company’s stock, valued at approximately $2,242,000. iShares S&P 500 Growth ETF comprises about 1.5% of WealthCare Asset Management LLC’s portfolio, making the stock its 16th largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Morgan Stanley lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after acquiring an additional 186,391 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after acquiring an additional 357,495 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.5% in the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after acquiring an additional 80,216 shares during the last quarter. UBS Group AG lifted its holdings in shares of iShares S&P 500 Growth ETF by 0.9% in the 3rd quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after acquiring an additional 76,602 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 1.2% in the 3rd quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after acquiring an additional 52,514 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.1%

Shares of NYSEARCA:IVW opened at $137.18 on Wednesday. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98. The company has a 50-day moving average price of $132.33 and a 200 day moving average price of $125.01. The company has a market cap of $74.34 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.