World Investment Advisors Buys 315,896 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

World Investment Advisors boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 116.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 587,869 shares of the company’s stock after acquiring an additional 315,896 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.6% of World Investment Advisors’ holdings, making the stock its 5th largest holding. World Investment Advisors’ holdings in iShares S&P 500 Growth ETF were worth $59,686,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of IVW. JPMorgan Chase & Co. grew its stake in shares of iShares S&P 500 Growth ETF by 1.7% during the fourth quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock valued at $4,556,513,000 after acquiring an additional 764,970 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares S&P 500 Growth ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after purchasing an additional 2,257,493 shares during the last quarter. Stifel Financial Corp boosted its holdings in iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after purchasing an additional 22,565 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares S&P 500 Growth ETF by 2.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after purchasing an additional 148,960 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $456,880,000.

iShares S&P 500 Growth ETF Stock Up 0.9 %

Shares of IVW opened at $94.31 on Thursday. The firm has a market cap of $51.91 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. The business’s 50 day moving average is $100.13 and its two-hundred day moving average is $99.88. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14.

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.