iShares S&P 500 Growth ETF $IVW is Polaris Investment Advisors LLC’s 3rd Largest Position

Polaris Investment Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 82,910 shares of the company’s stock after acquiring an additional 4,596 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 6.8% of Polaris Investment Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Polaris Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,378,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IVW. United Bank increased its stake in iShares S&P 500 Growth ETF by 4.6% during 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 during the period. Schnieders Capital Management LLC. purchased a new position in iShares S&P 500 Growth ETF in the 2nd quarter valued at approximately $600,000. Russell Investments Group Ltd. grew its stake in shares of iShares S&P 500 Growth ETF by 13.4% in the second quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after acquiring an additional 707 shares in the last quarter. First Trust Advisors LP grew its stake in shares of iShares S&P 500 Growth ETF by 15.4% in the second quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after acquiring an additional 4,238 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the second quarter valued at $244,000.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $133.46 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $107.97 and a 12 month high of $141.98. The stock has a market capitalization of $72.33 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business has a fifty day moving average price of $134.56 and a 200 day moving average price of $125.60.

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.