iShares S&P 500 Growth ETF $IVW Stake Lifted by Merit Financial Group LLC

Merit Financial Group LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.0% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 235,085 shares of the company’s stock after buying an additional 4,680 shares during the quarter. Merit Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $28,379,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Flputnam Investment Management Co. grew its position in iShares S&P 500 Growth ETF by 10.3% in the 1st quarter. Flputnam Investment Management Co. now owns 17,565 shares of the company’s stock worth $1,631,000 after purchasing an additional 1,642 shares during the last quarter. Aprio Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 72.6% during the first quarter. Aprio Wealth Management LLC now owns 17,306 shares of the company’s stock valued at $1,607,000 after buying an additional 7,279 shares during the last quarter. Ancora Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 12.4% during the first quarter. Ancora Advisors LLC now owns 84,492 shares of the company’s stock worth $7,843,000 after buying an additional 9,299 shares during the period. AQR Capital Management LLC grew its holdings in iShares S&P 500 Growth ETF by 26.7% in the 1st quarter. AQR Capital Management LLC now owns 67,130 shares of the company’s stock worth $6,232,000 after buying an additional 14,132 shares in the last quarter. Finally, Copperleaf Capital LLC grew its holdings in iShares S&P 500 Growth ETF by 2.5% in the 1st quarter. Copperleaf Capital LLC now owns 51,191 shares of the company’s stock worth $4,752,000 after buying an additional 1,238 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $124.16 on Wednesday. The business’s fifty day moving average price is $122.91 and its two-hundred day moving average price is $117.75. The company has a market capitalization of $67.40 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1-year low of $79.31 and a 1-year high of $126.61.

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.