Avidian Wealth Solutions LLC Has $1.28 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Avidian Wealth Solutions LLC raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,066 shares of the company’s stock after purchasing an additional 2,344 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,282,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares S&P 500 Growth ETF by 0.5% in the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after acquiring an additional 229,932 shares in the last quarter. Morgan Stanley increased its position in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after buying an additional 7,681,845 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares S&P 500 Growth ETF by 0.8% in the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after buying an additional 138,408 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of iShares S&P 500 Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after acquiring an additional 682,586 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW traded up $1.52 on Friday, hitting $83.37. The company had a trading volume of 2,580,985 shares, compared to its average volume of 3,509,656. iShares S&P 500 Growth ETF has a 1-year low of $63.19 and a 1-year high of $85.56. The company’s fifty day moving average price is $83.10 and its 200 day moving average price is $77.55. The stock has a market cap of $43.54 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12.

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.