Wedbush Securities Inc. Increases Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Wedbush Securities Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 22.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,264 shares of the company’s stock after acquiring an additional 975 shares during the period. Wedbush Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Dakota Wealth Management boosted its position in shares of iShares S&P 500 Growth ETF by 1.2% in the 4th quarter. Dakota Wealth Management now owns 7,935 shares of the company’s stock valued at $806,000 after purchasing an additional 97 shares during the period. waypoint wealth counsel grew its position in shares of iShares S&P 500 Growth ETF by 0.4% during the fourth quarter. waypoint wealth counsel now owns 27,282 shares of the company’s stock worth $2,770,000 after acquiring an additional 99 shares during the last quarter. Gradient Investments LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 2.7% in the 4th quarter. Gradient Investments LLC now owns 3,901 shares of the company’s stock valued at $396,000 after acquiring an additional 103 shares during the period. HTLF Bank raised its position in iShares S&P 500 Growth ETF by 2.0% in the 4th quarter. HTLF Bank now owns 5,252 shares of the company’s stock valued at $533,000 after purchasing an additional 104 shares during the last quarter. Finally, Sanibel Captiva Trust Company Inc. boosted its stake in iShares S&P 500 Growth ETF by 1.6% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 7,005 shares of the company’s stock worth $711,000 after purchasing an additional 109 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $82.96 on Wednesday. The company’s fifty day moving average is $98.11 and its two-hundred day moving average is $99.56. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14. The company has a market capitalization of $45.67 billion, a P/E ratio of 30.22 and a beta of 1.08.

About iShares S&P 500 Growth ETF

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.