iShares S&P 500 Growth ETF $IVW is Park Avenue Securities LLC’s 3rd Largest Position

Park Avenue Securities LLC increased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,631,582 shares of the company’s stock after purchasing an additional 56,513 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 3.8% of Park Avenue Securities LLC’s portfolio, making the stock its 3rd biggest holding. Park Avenue Securities LLC owned 0.67% of iShares S&P 500 Growth ETF worth $447,629,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Holos Integrated Wealth LLC bought a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $118,000. Trust Co of the South raised its stake in shares of iShares S&P 500 Growth ETF by 27.7% in the fourth quarter. Trust Co of the South now owns 7,083 shares of the company’s stock valued at $873,000 after buying an additional 1,538 shares during the period. Foguth Wealth Management LLC. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $455,000. First Financial Bank Trust Division raised its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the fourth quarter. First Financial Bank Trust Division now owns 98,310 shares of the company’s stock valued at $12,118,000 after buying an additional 495 shares during the period. Finally, Tudor Investment Corp ET AL purchased a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $5,659,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $116.40 on Friday. The company has a market capitalization of $62.48 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The stock has a fifty day moving average of $121.13 and a 200-day moving average of $121.45.

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.