Cambridge Investment Research Advisors Inc. raised its stake in shares of iShares S&P 500 Growth Index (NYSEARCA:IVW) by 13.3% in the 4th quarter, Holdings Channel reports. The firm owned 254,970 shares of the company’s stock after purchasing an additional 29,842 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares S&P 500 Growth Index were worth $38,952,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. JMG Financial Group Ltd. increased its position in iShares S&P 500 Growth Index by 9.5% during the fourth quarter. JMG Financial Group Ltd. now owns 3,618 shares of the company’s stock worth $553,000 after purchasing an additional 315 shares during the last quarter. Boys Arnold & Co. Inc. grew its stake in iShares S&P 500 Growth Index by 2.7% during the fourth quarter. Boys Arnold & Co. Inc. now owns 12,737 shares of the company’s stock worth $1,946,000 after buying an additional 333 shares during the period. CWH Capital Management Inc. grew its stake in iShares S&P 500 Growth Index by 3.9% during the fourth quarter. CWH Capital Management Inc. now owns 9,126 shares of the company’s stock worth $1,394,000 after buying an additional 340 shares during the period. Oppenheimer & Co. Inc. grew its stake in iShares S&P 500 Growth Index by 1.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 24,152 shares of the company’s stock worth $3,690,000 after buying an additional 347 shares during the period. Finally, ACG Wealth grew its stake in iShares S&P 500 Growth Index by 3.5% during the fourth quarter. ACG Wealth now owns 10,629 shares of the company’s stock worth $1,624,000 after buying an additional 355 shares during the period.

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Shares of iShares S&P 500 Growth Index (NYSEARCA:IVW) opened at $156.02 on Friday. iShares S&P 500 Growth Index has a 52 week low of $129.25 and a 52 week high of $166.51. The stock has a market cap of $21,240.00 and a P/E ratio of 10.96.

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About iShares S&P 500 Growth Index

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.

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

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