iShares S&P 500 Growth ETF $IVW Position Raised by Polaris Investment Advisors LLC

Polaris Investment Advisors LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,910 shares of the company’s stock after purchasing an additional 4,596 shares during the quarter. iShares S&P 500 Growth ETF makes up 6.8% of Polaris Investment Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Polaris Investment Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,378,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IVW. Strive Financial Group LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at about $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $133.46 on Friday. The stock’s 50-day simple moving average is $134.56 and its 200-day simple moving average is $125.60. The firm has a market capitalization of $72.33 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $107.97 and a fifty-two week high of $141.98.

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.