iShares S&P 500 Growth ETF $IVW Stock Acquired by Fifth Third Securities Inc.

Fifth Third Securities Inc. lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 61.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 240,918 shares of the company’s stock after purchasing an additional 91,929 shares during the period. iShares S&P 500 Growth ETF accounts for 1.7% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 10th biggest holding. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $34,273,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth about $34,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 1,071.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock valued at $34,000 after acquiring an additional 225 shares in the last quarter. First Pacific Financial purchased a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. GK Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth about $41,000. Finally, YANKCOM Partnership purchased a new stake in iShares S&P 500 Growth ETF in the third quarter worth approximately $51,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock traded up $1.12 during trading on Wednesday, hitting $141.07. 478,749 shares of the company traded hands, compared to its average volume of 2,988,305. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $146.83. The company has a 50-day moving average of $141.08 and a 200-day moving average of $136.29. The firm has a market capitalization of $78.04 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.