Greenspring Advisors LLC Buys 10,364 Shares of iShares S&P 500 Growth ETF $IVW

Greenspring Advisors LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 616.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,044 shares of the company’s stock after purchasing an additional 10,364 shares during the period. Greenspring Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,485,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. United Bank lifted its stake in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after acquiring an additional 2,280 shares during the last quarter. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $600,000. Russell Investments Group Ltd. lifted its stake in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after acquiring an additional 707 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after acquiring an additional 4,238 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth approximately $244,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $140.00 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $104.02 and a 52-week high of $141.98. The firm has a market capitalization of $75.87 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average price of $128.24 and a 200 day moving average price of $124.03.

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.