Lee Danner & Bass Inc. Buys Shares of 1,200 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Lee Danner & Bass Inc. bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 4th quarter, Holdings Channel reports. The fund bought 1,200 shares of the company’s stock, valued at approximately $122,000.

Several other hedge funds have also recently added to or reduced their stakes in IVW. Raymond James Financial Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $456,880,000. Wealthfront Advisers LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $350,009,000. The Manufacturers Life Insurance Company acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $82,464,000. Arvest Bank Trust Division acquired a new position in iShares S&P 500 Growth ETF in the third quarter valued at about $56,971,000. Finally, Strategic Financial Concepts LLC lifted its stake in iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after buying an additional 421,703 shares during the period.

iShares S&P 500 Growth ETF Trading Up 0.3 %

NYSEARCA:IVW opened at $94.91 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14. The business’s 50-day moving average price is $101.47 and its two-hundred day moving average price is $99.59. The firm has a market capitalization of $52.41 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.

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.