Graypoint LLC Purchases 35,766 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Graypoint LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 17.1% during the 4th quarter, Holdings Channel reports. The fund owned 245,504 shares of the company’s stock after purchasing an additional 35,766 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.5% of Graypoint LLC’s investment portfolio, making the stock its 15th biggest position. Graypoint LLC’s holdings in iShares S&P 500 Growth ETF were worth $24,926,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 47.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after buying an additional 15,673,824 shares in the last quarter. LPL Financial LLC grew its position in iShares S&P 500 Growth ETF by 1.7% in the third quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after acquiring an additional 255,991 shares in the last quarter. Stifel Financial Corp increased its stake in iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after acquiring an additional 22,565 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares S&P 500 Growth ETF by 6.8% during the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after purchasing an additional 467,356 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 2.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock valued at $510,274,000 after purchasing an additional 134,169 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.4 %

iShares S&P 500 Growth ETF stock traded down $1.46 during midday trading on Friday, reaching $101.08. The stock had a trading volume of 1,922,739 shares, compared to its average volume of 2,074,384. The firm has a market cap of $52.96 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $74.61 and a 52-week high of $105.64. The company has a fifty day moving average of $101.71 and a 200 day moving average of $96.30.

iShares S&P 500 Growth ETF Company 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.