iShares S&P 500 Growth ETF $IVW Stock Holdings Raised by HEMMING& Wealth Management Inc.

HEMMING& Wealth Management Inc. increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.2% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 227,289 shares of the company’s stock after purchasing an additional 7,066 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 19.0% of HEMMING& Wealth Management Inc.’s investment portfolio, making the stock its largest position. HEMMING& Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $32,334,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its holdings in iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after buying an additional 1,229,382 shares during the last quarter. Cetera Investment Advisers lifted its stake in iShares S&P 500 Growth ETF by 5.4% in the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after acquiring an additional 245,310 shares during the last quarter. Lido Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 2.3% in the 1st quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock valued at $438,178,000 after acquiring an additional 85,467 shares during the period. Royal Bank of Canada grew its position in shares of iShares S&P 500 Growth ETF by 5.8% in the 1st quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock valued at $400,576,000 after acquiring an additional 193,529 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of iShares S&P 500 Growth ETF by 9.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock valued at $273,339,000 after acquiring an additional 211,952 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.1%

Shares of iShares S&P 500 Growth ETF stock traded down $0.08 during trading on Tuesday, hitting $140.13. 1,254,422 shares of the stock were exchanged, compared to its average volume of 2,995,907. The stock has a market capitalization of $77.51 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company has a fifty day moving average price of $141.10 and a 200-day moving average price of $136.12. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83.

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.