Eastern Bank Has $4.46 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Eastern Bank lessened its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,906 shares of the company’s stock after selling 1,314 shares during the period. Eastern Bank’s holdings in iShares S&P 500 Growth ETF were worth $4,458,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IVW. International Assets Investment Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 10,365.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after buying an additional 1,569,612 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $100,688,000. The Manufacturers Life Insurance Company bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $82,464,000. Cetera Investment Advisers grew its position in shares of 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 valued at $307,291,000 after buying an additional 775,318 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 87.6% during the 2nd quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after purchasing an additional 693,848 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.60 on Monday, hitting $100.48. 1,685,861 shares of the company’s stock traded hands, compared to its average volume of 2,001,066. iShares S&P 500 Growth ETF has a one year low of $74.61 and a one year high of $105.64. The company has a fifty day moving average of $101.81 and a two-hundred day moving average of $96.42. The company has a market capitalization of $52.64 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.