Creative Financial Designs Inc. ADV raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,258 shares of the company’s stock after purchasing an additional 5,873 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 3.2% of Creative Financial Designs Inc. ADV’s holdings, making the stock its 5th biggest holding. Creative Financial Designs Inc. ADV’s holdings in iShares S&P 500 Growth ETF were worth $5,388,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IVW. Mercer Global Advisors Inc. ADV purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth approximately $1,041,000. Boston Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 7.5% during the first quarter. Boston Advisors LLC now owns 3,575 shares of the company’s stock worth $616,000 after acquiring an additional 250 shares during the period. Kwmg LLC increased its position in shares of iShares S&P 500 Growth ETF by 7.7% during the first quarter. Kwmg LLC now owns 152,250 shares of the company’s stock worth $26,242,000 after acquiring an additional 10,901 shares during the period. Reilly Financial Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 46.3% during the first quarter. Reilly Financial Advisors LLC now owns 585 shares of the company’s stock worth $101,000 after acquiring an additional 185 shares during the period. Finally, Capital Investment Advisory Services LLC increased its position in shares of iShares S&P 500 Growth ETF by 2.9% during the first quarter. Capital Investment Advisory Services LLC now owns 7,050 shares of the company’s stock worth $1,215,000 after acquiring an additional 200 shares during the period.

Shares of NYSEARCA:IVW traded up $1.64 during trading on Tuesday, reaching $177.99. 355,850 shares of the company were exchanged, compared to its average volume of 792,546. iShares S&P 500 Growth ETF has a 12-month low of $140.49 and a 12-month high of $178.61.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Thursday, March 21st were paid a dividend of $0.5871 per share. The ex-dividend date of this dividend was Wednesday, March 20th. This is an increase from iShares S&P 500 Growth ETF’s previous quarterly dividend of $0.51. This represents a $2.35 dividend on an annualized basis and a dividend yield of 1.32%.

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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.

Further Reading: What is the Gross Domestic Product (GDP)?

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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