CHURCHILL MANAGEMENT Corp grew its stake in shares of iShares S&P 500 Growth Index (NYSEARCA:IVW) by 5.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,699,072 shares of the company’s stock after purchasing an additional 80,624 shares during the quarter. iShares S&P 500 Growth Index accounts for 5.7% of CHURCHILL MANAGEMENT Corp’s holdings, making the stock its 5th largest position. CHURCHILL MANAGEMENT Corp’s holdings in iShares S&P 500 Growth Index were worth $259,567,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in IVW. Atlantic Trust Group LLC raised its position in shares of iShares S&P 500 Growth Index by 110.8% during the third quarter. Atlantic Trust Group LLC now owns 27,465 shares of the company’s stock valued at $3,939,000 after buying an additional 14,438 shares during the last quarter. Jaffetilchin Investment Partners LLC raised its position in shares of iShares S&P 500 Growth Index by 94.7% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 10,388 shares of the company’s stock valued at $1,587,000 after buying an additional 5,052 shares during the last quarter. Finally, Sawyer & Company Inc bought a new stake in shares of iShares S&P 500 Growth Index during the fourth quarter valued at approximately $168,000.

iShares S&P 500 Growth Index (NYSEARCA:IVW) traded up $0.94 during trading on Thursday, hitting $158.76. 631,942 shares of the stock traded hands, compared to its average volume of 1,003,768. The company has a market capitalization of $20,270.00 and a PE ratio of 11.15. iShares S&P 500 Growth Index has a 52-week low of $123.39 and a 52-week high of $158.77.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were given a dividend of $0.5263 per share. This represents a $2.11 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Tuesday, December 19th. iShares S&P 500 Growth Index’s payout ratio is currently 13.97%.

ILLEGAL ACTIVITY WARNING: This article was originally published by Watch List News and is the property of of Watch List News. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://www.watchlistnews.com/ishares-sp-500-growth-index-ivw-stake-raised-by-churchill-management-corp/1803391.html.

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth Index (NYSEARCA:IVW).

Receive News & Ratings for iShares S&P 500 Growth Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares S&P 500 Growth Index and related companies with Analyst Ratings Network's FREE daily email newsletter.