33,959 Shares in iShares S&P 500 Growth ETF $IVW Purchased by G&S Capital LLC

G&S Capital LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 33,959 shares of the company’s stock, valued at approximately $4,670,000. iShares S&P 500 Growth ETF makes up 1.4% of G&S Capital LLC’s investment portfolio, making the stock its 15th biggest holding.

A number of other hedge funds also recently bought and sold shares of the company. Morgan Stanley boosted its holdings in shares of iShares S&P 500 Growth ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock worth $4,147,225,000 after buying an additional 186,391 shares during the period. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after acquiring an additional 357,495 shares during the period. Bank of America Corp DE lifted its position in shares of iShares S&P 500 Growth ETF by 6.6% in the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after acquiring an additional 1,229,382 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of iShares S&P 500 Growth ETF by 0.5% in the 4th quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after acquiring an additional 80,216 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares S&P 500 Growth ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after purchasing an additional 245,310 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $140.86 on Wednesday. The firm’s 50 day moving average price is $136.31 and its two-hundred day moving average price is $128.60. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $143.26. The stock has a market cap of $76.90 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.