Fifth Third Wealth Advisors LLC Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fifth Third Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,684 shares of the company’s stock, valued at approximately $679,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC raised its stake in iShares S&P 500 Growth ETF by 1.7% in the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after acquiring an additional 255,991 shares during the period. Stifel Financial Corp raised its position in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 6.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after buying an additional 467,356 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 2.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after buying an additional 134,169 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in iShares S&P 500 Growth ETF by 30.5% in the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after buying an additional 775,318 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock opened at $102.50 on Friday. The stock has a market capitalization of $53.70 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The company’s fifty day simple moving average is $102.07 and its two-hundred day simple moving average is $96.57. iShares S&P 500 Growth ETF has a 1 year low of $74.61 and a 1 year high of $105.64.

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.