Francis Financial Inc. Makes New $206,000 Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Francis Financial Inc. bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,740 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 111,454.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after acquiring an additional 552,205,503 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after acquiring an additional 7,681,845 shares in the last quarter. LPL Financial LLC increased its holdings in shares of 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 valued at $526,693,000 after acquiring an additional 1,998,078 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in iShares S&P 500 Growth ETF during the third quarter worth $133,439,000. Finally, Morgan Stanley grew its holdings 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 in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3 %

Shares of iShares S&P 500 Growth ETF stock opened at $84.44 on Friday. The stock has a fifty day simple moving average of $81.55 and a 200 day simple moving average of $75.04. iShares S&P 500 Growth ETF has a 12-month low of $62.22 and a 12-month high of $85.56. The company has a market capitalization of $41.37 billion, a P/E ratio of 22.15 and a beta of 1.05.

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.