Acropolis Investment Management LLC Grows Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Acropolis Investment Management LLC lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Get Rating) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 162,899 shares of the company’s stock after buying an additional 636 shares during the period. iShares S&P 500 Growth ETF makes up about 0.9% of Acropolis Investment Management LLC’s investment portfolio, making the stock its 18th biggest position. Acropolis Investment Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,530,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IVW. Ironwood Wealth Management LLC. boosted its stake in shares of iShares S&P 500 Growth ETF by 19.0% in the 1st quarter. Ironwood Wealth Management LLC. now owns 184,517 shares of the company’s stock worth $14,339,000 after buying an additional 29,518 shares during the last quarter. United Bank lifted its position in iShares S&P 500 Growth ETF by 7.3% during the first quarter. United Bank now owns 54,579 shares of the company’s stock valued at $4,169,000 after purchasing an additional 3,690 shares in the last quarter. Bank of New York Mellon Corp lifted its position in iShares S&P 500 Growth ETF by 4.0% during the first quarter. Bank of New York Mellon Corp now owns 245,020 shares of the company’s stock valued at $18,714,000 after purchasing an additional 9,526 shares in the last quarter. Blair William & Co. IL lifted its position in iShares S&P 500 Growth ETF by 0.5% during the first quarter. Blair William & Co. IL now owns 113,156 shares of the company’s stock valued at $8,643,000 after purchasing an additional 573 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its position in iShares S&P 500 Growth ETF by 13.1% during the first quarter. Baird Financial Group Inc. now owns 702,440 shares of the company’s stock valued at $53,652,000 after purchasing an additional 81,527 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $61.05 on Friday. The company has a market capitalization of $28.97 billion, a PE ratio of 22.15 and a beta of 1.04. The business’s fifty day moving average is $61.16 and its 200 day moving average is $60.78. iShares S&P 500 Growth ETF has a fifty-two week low of $55.30 and a fifty-two week high of $78.65.

About iShares S&P 500 Growth ETF

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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.