NewSquare Capital LLC Purchases New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

NewSquare Capital LLC acquired a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,843 shares of the company’s stock, valued at approximately $289,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. The Manufacturers Life Insurance Company acquired a new stake in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $82,464,000. Arvest Bank Trust Division acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $56,971,000. Strategic Financial Concepts LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after acquiring an additional 421,703 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after acquiring an additional 324,178 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of 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 worth $1,501,637,000 after acquiring an additional 255,991 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.4 %

NYSEARCA:IVW opened at $99.07 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The stock has a fifty day simple moving average of $103.45 and a 200-day simple moving average of $99.54. The company has a market capitalization of $55.28 billion, a PE ratio of 33.87 and a beta of 1.07.

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.