Asset Management One Co. Ltd. Takes Position in iShares S&P 500 Growth ETF $IVW

Asset Management One Co. Ltd. bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 167,800 shares of the company’s stock, valued at approximately $18,475,000.

Several other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 5.1% during the first quarter. Envestnet Asset Management Inc. now owns 48,079,544 shares of the company’s stock valued at $4,463,224,000 after purchasing an additional 2,350,072 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 5.5% during the first quarter. LPL Financial LLC now owns 18,929,345 shares of the company’s stock valued at $1,757,211,000 after purchasing an additional 988,955 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.4% during the first quarter. Goldman Sachs Group Inc. now owns 6,639,595 shares of the company’s stock valued at $616,354,000 after purchasing an additional 279,859 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.3% during the first quarter. Commonwealth Equity Services LLC now owns 3,533,251 shares of the company’s stock valued at $327,992,000 after purchasing an additional 147,169 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares S&P 500 Growth ETF by 7.9% during the first quarter. Cetera Investment Advisers now owns 3,465,787 shares of the company’s stock valued at $321,729,000 after purchasing an additional 253,383 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0%

Shares of NYSEARCA IVW opened at $122.67 on Friday. The business has a fifty day simple moving average of $118.65 and a 200-day simple moving average of $109.44. The company has a market cap of $66.69 billion, a price-to-earnings ratio of 33.33 and a beta of 1.05. iShares S&P 500 Growth ETF has a 12 month low of $79.31 and a 12 month high of $123.00.

iShares S&P 500 Growth ETF 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.