Kestra Private Wealth Services LLC Boosts Stock Holdings in iShares S&P 500 Growth ETF $IVW

Kestra Private Wealth Services LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 270,711 shares of the company’s stock after purchasing an additional 20,171 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.05% of iShares S&P 500 Growth ETF worth $30,620,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IVW. Morgan Stanley increased its holdings in iShares S&P 500 Growth ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock valued at $4,147,225,000 after buying an additional 186,391 shares during the period. LPL Financial LLC raised its stake in iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after buying an additional 357,495 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in iShares S&P 500 Growth ETF by 0.5% during the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock worth $1,851,508,000 after buying an additional 80,216 shares during the period. UBS Group AG lifted its holdings in 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 worth $1,075,770,000 after buying an additional 76,602 shares during the period. Finally, Cetera Investment Advisers boosted its position in iShares S&P 500 Growth ETF by 3.4% during the 4th quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock valued at $555,817,000 after acquiring an additional 146,739 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.3%

Shares of NYSEARCA IVW opened at $133.36 on Thursday. iShares S&P 500 Growth ETF has a 12-month low of $107.57 and a 12-month high of $141.98. The stock’s fifty day simple moving average is $134.38 and its two-hundred day simple moving average is $125.53. The stock has a market capitalization of $72.27 billion, a PE ratio of 33.33 and a beta of 1.17.

iShares S&P 500 Growth ETF 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. 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.