Carmel Capital Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 79,308 shares of the company’s stock, valued at approximately $11,282,000. iShares S&P 500 Growth ETF makes up about 4.0% of Carmel Capital Partners LLC’s investment portfolio, making the stock its 3rd biggest holding.
Several other institutional investors also recently modified their holdings of IVW. Bank of America Corp DE raised its stake in shares of iShares S&P 500 Growth ETF by 6.6% in the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after purchasing an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after purchasing an additional 1,125,813 shares during the period. Fifth Third Bancorp lifted its position in iShares S&P 500 Growth ETF by 131.3% in the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after purchasing an additional 850,349 shares during the period. Vise Technologies Inc. boosted its stake in iShares S&P 500 Growth ETF by 41.5% during the third quarter. Vise Technologies Inc. now owns 843,079 shares of the company’s stock worth $119,936,000 after buying an additional 247,468 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in iShares S&P 500 Growth ETF by 5.4% during the first quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock worth $537,795,000 after buying an additional 245,310 shares in the last quarter.
iShares S&P 500 Growth ETF Stock Up 0.9%
IVW traded up $1.21 during trading on Friday, reaching $129.63. 2,579,546 shares of the company’s stock were exchanged, compared to its average volume of 2,974,324. The company has a market capitalization of $71.70 billion, a P/E ratio of 24.96 and a beta of 1.17. The business has a 50 day moving average price of $140.00 and a 200 day moving average price of $132.10. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83.
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.
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