Parallel Advisors LLC Purchases 35,753 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Parallel Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 451,256 shares of the company’s stock after acquiring an additional 35,753 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.0% of Parallel Advisors LLC’s holdings, making the stock its 14th largest holding. Parallel Advisors LLC owned approximately 0.09% of iShares S&P 500 Growth ETF worth $45,816,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BankPlus Trust Department bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $36,000. Hantz Financial Services Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Compass Financial Services Inc bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Bellevue Asset Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $42,000. Finally, POM Investment Strategies LLC grew its stake in shares of iShares S&P 500 Growth ETF by 194.8% in the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $94.82 on Monday. The firm has a market cap of $52.36 billion, a PE ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock’s 50 day simple moving average is $102.27 and its 200 day simple moving average is $99.63.

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.