RiverFront Investment Group LLC Has $1.88 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

RiverFront Investment Group LLC lifted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 36.4% during the 4th quarter, Holdings Channel reports. The firm owned 18,481 shares of the company’s stock after purchasing an additional 4,934 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,876,000 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 company. New Age Alpha Advisors LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $42,000. Blair William & Co. IL boosted its position in iShares S&P 500 Growth ETF by 1.7% during the fourth quarter. Blair William & Co. IL now owns 144,242 shares of the company’s stock worth $14,645,000 after purchasing an additional 2,346 shares during the period. Loomis Sayles & Co. L P increased its holdings in shares of iShares S&P 500 Growth ETF by 21,200.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,704 shares of the company’s stock valued at $173,000 after purchasing an additional 1,696 shares during the last quarter. AssuredPartners Investment Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $400,000. Finally, JPMorgan Chase & Co. raised its position in shares of iShares S&P 500 Growth ETF by 1.7% in the fourth quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock valued at $4,556,513,000 after purchasing an additional 764,970 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $92.55 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The company has a market capitalization of $50.94 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. The company has a 50-day simple moving average of $100.81 and a 200 day simple moving average of $99.80.

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.