iShares S&P 500 Growth ETF $IVW Shares Bought by MML Investors Services LLC

MML Investors Services LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,645,204 shares of the company’s stock after purchasing an additional 358,496 shares during the period. iShares S&P 500 Growth ETF makes up about 1.1% of MML Investors Services LLC’s holdings, making the stock its 13th largest holding. MML Investors Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $449,308,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of IVW. Focus Partners Wealth raised its position in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after purchasing an additional 859,584 shares during the last quarter. Valpey Financial Services LLC raised its position in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after purchasing an additional 706,345 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after purchasing an additional 357,495 shares during the last quarter. AlphaCore Capital LLC raised its position in shares of iShares S&P 500 Growth ETF by 522.0% during the 4th quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock worth $36,921,000 after purchasing an additional 251,375 shares during the last quarter. Finally, Alvarez & Marsal Private Wealth Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $30,484,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $135.00 on Monday. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The company has a market capitalization of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17. The business has a 50 day moving average price of $131.40 and a 200 day moving average price of $124.79.

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.