Bay Harbor Wealth Management LLC Has $13.88 Million Stock Position in iShares S&P 500 Growth ETF $IVW

Bay Harbor Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 112,578 shares of the company’s stock after acquiring an additional 5,064 shares during the quarter. iShares S&P 500 Growth ETF accounts for 3.6% of Bay Harbor Wealth Management LLC’s holdings, making the stock its 9th biggest position. Bay Harbor Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd 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 during the last quarter. UBS Group AG increased its stake in shares of iShares S&P 500 Growth ETF by 0.9% in the 3rd 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 during the last quarter. Raymond James Financial Inc. increased its stake in iShares S&P 500 Growth ETF by 1.2% during the 3rd quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock worth $520,190,000 after purchasing an additional 52,514 shares in the last quarter. Lido Advisors LLC increased its stake in iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after purchasing an additional 221,311 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in iShares S&P 500 Growth ETF by 1.6% during the 4th quarter. Park Avenue Securities LLC now owns 3,631,582 shares of the company’s stock worth $447,629,000 after purchasing an additional 56,513 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $130.37 on Tuesday. The business has a 50 day simple moving average of $120.18 and a 200 day simple moving average of $121.81. iShares S&P 500 Growth ETF has a 52-week low of $95.32 and a 52-week high of $131.21. The stock has a market cap of $70.65 billion, a price-to-earnings 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.