Gradient Investments LLC Purchases 103 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Gradient Investments LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,901 shares of the company’s stock after acquiring an additional 103 shares during the quarter. Gradient Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $396,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Insigneo Advisory Services LLC acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $329,000. Oliver Lagore Vanvalin Investment Group increased its holdings in shares of iShares S&P 500 Growth ETF by 51.9% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 7,866 shares of the company’s stock valued at $728,000 after acquiring an additional 2,687 shares during the last quarter. Arkos Global Advisors acquired a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at about $217,000. Clarity Asset Management Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 8.0% in the 2nd quarter. Clarity Asset Management Inc. now owns 15,897 shares of the company’s stock valued at $1,471,000 after acquiring an additional 1,184 shares in the last quarter. Finally, Raab & Moskowitz Asset Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 6.9% in the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,751 shares of the company’s stock worth $440,000 after purchasing an additional 307 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.4 %

Shares of IVW stock opened at $106.26 on Friday. iShares S&P 500 Growth ETF has a 12 month low of $77.20 and a 12 month high of $107.14. The company has a market cap of $55.67 billion, a PE ratio of 28.52 and a beta of 1.14. The business’s 50 day moving average is $102.67 and its two-hundred day moving average is $97.05.

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.