Silver Oak Securities Incorporated Acquires 48,919 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Silver Oak Securities Incorporated boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 482.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,065 shares of the company’s stock after acquiring an additional 48,919 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares S&P 500 Growth ETF were worth $4,436,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in iShares S&P 500 Growth ETF by 54.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 35.1% in the third quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after purchasing an additional 1,998,078 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth approximately $133,439,000. Morgan Stanley increased its stake in shares of iShares S&P 500 Growth ETF by 5.5% in 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 period. Finally, Comerica Bank bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at $75,684,000.

iShares S&P 500 Growth ETF Trading Up 1.9 %

Shares of IVW stock traded up $1.56 during trading hours on Friday, reaching $82.53. The company’s stock had a trading volume of 1,811,103 shares, compared to its average volume of 3,597,853. The stock has a market capitalization of $43.10 billion, a P/E ratio of 27.41 and a beta of 1.12. The firm’s fifty day simple moving average is $83.03 and its 200 day simple moving average is $77.08. iShares S&P 500 Growth ETF has a one year low of $63.19 and a one year high of $85.56.

iShares S&P 500 Growth ETF Company 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.