Diversified LLC Takes $217,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Diversified LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,889 shares of the company’s stock, valued at approximately $217,000.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after purchasing an additional 7,681,845 shares in the last quarter. LPL Financial LLC grew its stake in iShares S&P 500 Growth ETF by 35.1% during the third quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after buying an additional 1,998,078 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $133,439,000. Morgan Stanley grew its stake in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares during the last quarter. Finally, Comerica Bank bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $75,684,000.

iShares S&P 500 Growth ETF Trading Up 1.0 %

Shares of iShares S&P 500 Growth ETF stock opened at $80.13 on Tuesday. The stock has a market capitalization of $42.05 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. iShares S&P 500 Growth ETF has a 1-year low of $63.10 and a 1-year high of $85.56. The firm’s 50-day moving average price is $82.99 and its two-hundred day moving average price is $76.79.

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.