Bedminster LLC Makes New $954,000 Investment in iShares S&P 500 Growth ETF $IVW

Bedminster LLC purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,736 shares of the company’s stock, valued at approximately $954,000. iShares S&P 500 Growth ETF makes up approximately 0.9% of Bedminster LLC’s portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 0.4% during the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after acquiring an additional 179,866 shares in the last quarter. UBS Group AG increased its holdings in shares of iShares S&P 500 Growth ETF by 0.9% during the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after acquiring an additional 76,602 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 1.2% during the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after acquiring an additional 52,514 shares in the last quarter. Lido Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 6.5% during the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after acquiring an additional 221,311 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.6% during the fourth quarter. Park Avenue Securities LLC now owns 3,631,582 shares of the company’s stock valued at $447,629,000 after acquiring an additional 56,513 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $138.91 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $100.76 and a 1-year high of $139.10. The business has a fifty day moving average price of $122.61 and a 200-day moving average price of $122.63. The company has a market capitalization of $75.28 billion, a PE ratio of 33.33 and a beta of 1.17.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.