May Barnhard Investments LLC Makes New $1.21 Million Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

May Barnhard Investments LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 11,911 shares of the company’s stock, valued at approximately $1,209,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its position in iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock valued at $1,501,637,000 after purchasing an additional 255,991 shares during the period. Stifel Financial Corp raised its position in 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. PNC Financial Services Group Inc. raised its position in iShares S&P 500 Growth ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after purchasing an additional 148,960 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $456,880,000. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 0.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,817,542 shares of the company’s stock valued at $387,595,000 after buying an additional 15,623 shares during the period.

iShares S&P 500 Growth ETF Trading Down 1.9 %

IVW stock opened at $92.45 on Friday. The company has a market capitalization of $51.05 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a 12-month low of $79.07 and a 12-month high of $107.14. The business’s fifty day moving average price is $102.44 and its 200 day moving average price is $99.53.

iShares S&P 500 Growth ETF 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.