Kestra Advisory Services LLC Grows Stock Position in iShares S&P 500 Growth ETF $IVW

Kestra Advisory Services LLC raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 859,413 shares of the company’s stock after buying an additional 83,484 shares during the quarter. Kestra Advisory Services LLC owned about 0.16% of iShares S&P 500 Growth ETF worth $97,208,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Focus Partners Wealth raised its stake in iShares S&P 500 Growth ETF by 81.0% in the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares during the period. Valpey Financial Services LLC increased its stake in shares of iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after purchasing an additional 706,345 shares in the last quarter. Align Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $49,180,000. MML Investors Services LLC raised its position in shares of iShares S&P 500 Growth ETF by 10.9% in the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after purchasing an additional 358,496 shares during the period. Finally, LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.1%

IVW stock opened at $137.77 on Friday. The firm has a market capitalization of $75.04 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The stock has a 50-day simple moving average of $136.13 and a two-hundred day simple moving average of $126.53.

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. 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.