Envestnet Portfolio Solutions Inc. Increases Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Envestnet Portfolio Solutions Inc. raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,018,530 shares of the company’s stock after purchasing an additional 68,234 shares during the quarter. Envestnet Portfolio Solutions Inc. owned 0.41% of iShares S&P 500 Growth ETF worth $151,592,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SP Asset Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth about $205,000. Cary Street Partners Investment Advisory LLC raised its position in iShares S&P 500 Growth ETF by 0.9% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 28,361 shares of the company’s stock worth $2,130,000 after purchasing an additional 266 shares during the period. BNP Paribas Financial Markets raised its position in iShares S&P 500 Growth ETF by 94.5% in the 4th quarter. BNP Paribas Financial Markets now owns 140,295 shares of the company’s stock worth $10,536,000 after purchasing an additional 68,170 shares during the period. Northwest Financial Advisors bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $38,000. Finally, Calton & Associates Inc. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth about $764,000.

iShares S&P 500 Growth ETF Stock Up 0.0 %

Shares of NYSEARCA IVW traded up $0.04 during midday trading on Monday, reaching $84.75. 862,765 shares of the company’s stock traded hands, compared to its average volume of 3,369,098. The stock’s 50 day simple moving average is $83.28 and its 200-day simple moving average is $78.05. iShares S&P 500 Growth ETF has a one year low of $64.59 and a one year high of $85.56. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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