Darwin Wealth Management LLC Takes $182,000 Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Darwin Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,901 shares of the company’s stock, valued at approximately $182,000.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 47.0% in the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after acquiring an additional 15,673,824 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares S&P 500 Growth ETF by 35.2% in the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after acquiring an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 60.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after acquiring an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers increased its position in iShares S&P 500 Growth ETF by 200.4% during the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after buying an additional 1,698,066 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after buying an additional 1,593,875 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $99.54 on Thursday. The stock has a 50-day moving average of $96.80 and a 200-day moving average of $92.70. iShares S&P 500 Growth ETF has a 52-week low of $71.93 and a 52-week high of $101.55. The company has a market cap of $52.15 billion, a PE ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.