Redwood Investment Management LLC Has $3.30 Million Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Redwood Investment Management LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 3.1% during the fourth quarter, HoldingsChannel reports. The fund owned 32,503 shares of the company’s stock after buying an additional 975 shares during the period. Redwood Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,300,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Mountain Hill Investment Partners Corp. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at $36,000. Hantz Financial Services Inc. acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Compass Financial Services Inc acquired a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $40,000. Finally, Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth about $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $103.21 on Thursday. The business has a 50-day moving average of $93.01 and a 200-day moving average of $99.03. The stock has a market capitalization of $56.35 billion, a price-to-earnings ratio of 29.66 and a beta of 1.12. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $107.14.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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