iShares S&P 500 Growth ETF $IVW Stock: Park Avenue Securities LLC Grows Stake

Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,872,744 shares of the company’s stock after acquiring an additional 3,989 shares during the quarter. iShares S&P 500 Growth ETF comprises approximately 3.4% of Park Avenue Securities LLC’s portfolio, making the stock its 3rd biggest holding. Park Avenue Securities LLC’s holdings in iShares S&P 500 Growth ETF were worth $550,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Aegis Wealth Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 9.9% in the 3rd quarter. Aegis Wealth Management Inc. now owns 19,742 shares of the company’s stock worth $2,808,000 after purchasing an additional 1,779 shares in the last quarter. FSA Wealth Partners Inc. raised its holdings in iShares S&P 500 Growth ETF by 7.8% in the 3rd quarter. FSA Wealth Partners Inc. now owns 3,453 shares of the company’s stock worth $491,000 after purchasing an additional 250 shares during the period. Leslie Global Wealth LLC raised its holdings in iShares S&P 500 Growth ETF by 114.6% in the 3rd quarter. Leslie Global Wealth LLC now owns 14,109 shares of the company’s stock worth $2,007,000 after purchasing an additional 7,533 shares during the period. Flagship Harbor Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 1.4% during the third quarter. Flagship Harbor Advisors LLC now owns 9,681 shares of the company’s stock valued at $1,377,000 after purchasing an additional 136 shares in the last quarter. Finally, Patton Albertson Miller Group LLC lifted its position in iShares S&P 500 Growth ETF by 7.8% during the third quarter. Patton Albertson Miller Group LLC now owns 196,400 shares of the company’s stock valued at $27,940,000 after purchasing an additional 14,153 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $137.95 on Tuesday. The stock has a 50-day simple moving average of $140.88 and a two-hundred day simple moving average of $131.54. The firm has a market capitalization of $76.25 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $146.83.

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.