iShares S&P 500 Growth ETF $IVW Shares Purchased by MML Investors Services LLC

MML Investors Services LLC boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,645,204 shares of the company’s stock after purchasing an additional 358,496 shares during the period. iShares S&P 500 Growth ETF comprises approximately 1.1% of MML Investors Services LLC’s holdings, making the stock its 13th largest position. MML Investors Services LLC owned about 0.68% of iShares S&P 500 Growth ETF worth $449,308,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley lifted its position in iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after purchasing an additional 186,391 shares during the period. LPL Financial LLC lifted its position in iShares S&P 500 Growth ETF by 1.8% in the fourth 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. Wells Fargo & Company MN lifted its position in iShares S&P 500 Growth ETF by 0.5% in the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after purchasing an additional 80,216 shares during the period. UBS Group AG lifted its position in iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the period. Finally, Raymond James Financial Inc. lifted its position in iShares S&P 500 Growth ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after purchasing an additional 52,514 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $135.00 on Monday. The company has a market cap of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98. The company has a 50-day moving average price of $131.40 and a 200 day moving average price of $124.79.

About iShares S&P 500 Growth ETF

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.