Lido Advisors LLC Has $459.65 Million Position in iShares S&P 500 Growth ETF $IVW

Lido Advisors LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,788,440 shares of the company’s stock after purchasing an additional 148,991 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.4% of Lido Advisors LLC’s portfolio, making the stock its 8th biggest holding. Lido Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $459,649,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc boosted its stake in iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock valued at $55,220,000 after purchasing an additional 19,917 shares in the last quarter. Brookstone Capital Management boosted its stake in iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after purchasing an additional 12,778 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in iShares S&P 500 Growth ETF by 40.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 97,539 shares of the company’s stock valued at $11,775,000 after purchasing an additional 28,137 shares in the last quarter. Capital Advantage Inc. boosted its stake in iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock valued at $3,143,000 after purchasing an additional 7,396 shares in the last quarter. Finally, Embree Financial Group boosted its stake in iShares S&P 500 Growth ETF by 61.2% during the 4th quarter. Embree Financial Group now owns 61,699 shares of the company’s stock valued at $7,605,000 after purchasing an additional 23,416 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $140.00 on Thursday. The stock has a fifty day moving average price of $128.24 and a two-hundred day moving average price of $124.03. The firm has a market cap of $75.87 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1 year low of $104.02 and a 1 year high of $141.98.

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.