Janney Montgomery Scott LLC Has $273.34 Million Stake in iShares S&P 500 Growth ETF $IVW

Janney Montgomery Scott LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,416,574 shares of the company’s stock after acquiring an additional 211,952 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.7% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 22nd largest position. Janney Montgomery Scott LLC owned approximately 0.45% of iShares S&P 500 Growth ETF worth $273,339,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Midwest Financial Group LLC grew its holdings in iShares S&P 500 Growth ETF by 3.4% during the first quarter. Midwest Financial Group LLC now owns 117,595 shares of the company’s stock valued at $13,301,000 after purchasing an additional 3,837 shares during the last quarter. BKM Wealth Management LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 1.7% in the first quarter. BKM Wealth Management LLC now owns 93,092 shares of the company’s stock worth $10,530,000 after buying an additional 1,572 shares during the last quarter. Trilogy Capital Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 24.8% during the 1st quarter. Trilogy Capital Inc. now owns 5,193 shares of the company’s stock worth $587,000 after buying an additional 1,033 shares during the period. FWG Investments LLC. boosted its holdings in shares of iShares S&P 500 Growth ETF by 30.2% during the 1st quarter. FWG Investments LLC. now owns 15,521 shares of the company’s stock worth $1,756,000 after buying an additional 3,598 shares during the period. Finally, River Street Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 5.6% during the 1st quarter. River Street Advisors LLC now owns 5,576 shares of the company’s stock worth $631,000 after buying an additional 298 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $132.58 on Friday. The company has a market capitalization of $71.85 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The company’s fifty day moving average price is $134.68 and its 200 day moving average price is $125.64.

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.