iShares S&P 500 Growth ETF $IVW Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,204,622 shares of the company’s stock after acquiring an additional 52,870 shares during the period. iShares S&P 500 Growth ETF accounts for 0.6% of Janney Montgomery Scott LLC’s portfolio, making the stock its 27th largest position. Janney Montgomery Scott LLC owned approximately 0.41% of iShares S&P 500 Growth ETF worth $271,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the stock. First American Trust FSB raised its holdings in iShares S&P 500 Growth ETF by 14.8% in the fourth quarter. First American Trust FSB now owns 3,469 shares of the company’s stock valued at $428,000 after acquiring an additional 448 shares in the last quarter. Deutsche Bank AG raised its holdings in iShares S&P 500 Growth ETF by 17.8% in the fourth quarter. Deutsche Bank AG now owns 15,630 shares of the company’s stock valued at $1,927,000 after acquiring an additional 2,367 shares in the last quarter. Brand Asset Management Group Inc. raised its holdings in iShares S&P 500 Growth ETF by 15.2% in the fourth quarter. Brand Asset Management Group Inc. now owns 5,136 shares of the company’s stock valued at $633,000 after acquiring an additional 677 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in iShares S&P 500 Growth ETF by 39.2% in the fourth quarter. Focus Partners Advisor Solutions LLC now owns 59,028 shares of the company’s stock valued at $7,276,000 after acquiring an additional 16,616 shares in the last quarter. Finally, Marks Group Wealth Management Inc increased its stake in iShares S&P 500 Growth ETF by 32.1% during the fourth quarter. Marks Group Wealth Management Inc now owns 27,385 shares of the company’s stock valued at $3,375,000 after purchasing an additional 6,656 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $131.55 on Thursday. iShares S&P 500 Growth ETF has a 1-year low of $104.21 and a 1-year high of $141.98. The firm has a fifty day moving average price of $130.56 and a two-hundred day moving average price of $124.58. The firm has a market cap of $71.29 billion, a price-to-earnings 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.