iShares S&P 500 Growth ETF $IVW Position Increased by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 90.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 39,589 shares of the company’s stock after purchasing an additional 18,750 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.1% of Fairvoy Private Wealth LLC’s holdings, making the stock its 28th largest holding. Fairvoy Private Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $4,478,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IVW. Focus Partners Wealth raised its holdings in shares of iShares S&P 500 Growth ETF by 81.0% during the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares during the period. Valpey Financial Services LLC boosted its stake in iShares S&P 500 Growth ETF by 11,889.3% in the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after purchasing an additional 706,345 shares during the period. Align Financial LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $49,180,000. MML Investors Services LLC grew its position in iShares S&P 500 Growth ETF by 10.9% during the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after purchasing an additional 358,496 shares in the last quarter. Finally, LPL Financial LLC raised its stake in iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the period.

iShares S&P 500 Growth ETF Stock Up 0.1%

Shares of NYSEARCA:IVW opened at $133.46 on Friday. The company’s fifty day moving average is $134.56 and its two-hundred day moving average is $125.60. The company has a market cap of $72.33 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $107.97 and a 12-month high of $141.98.

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.