Mill Creek Capital Advisors LLC Raises Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mill Creek Capital Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 54,167 shares of the company’s stock after buying an additional 2,551 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,186,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in IVW. Edgestream Partners L.P. boosted its holdings in iShares S&P 500 Growth ETF by 163.0% in the first quarter. Edgestream Partners L.P. now owns 10,283 shares of the company’s stock valued at $868,000 after purchasing an additional 6,373 shares in the last quarter. PAX Financial Group LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the first quarter worth about $9,556,000. O Shaughnessy Asset Management LLC increased its position in shares of iShares S&P 500 Growth ETF by 8.2% during the first quarter. O Shaughnessy Asset Management LLC now owns 11,622 shares of the company’s stock worth $981,000 after purchasing an additional 881 shares in the last quarter. Texas Capital Bancshares Inc TX increased its position in shares of iShares S&P 500 Growth ETF by 4.1% during the first quarter. Texas Capital Bancshares Inc TX now owns 3,102 shares of the company’s stock worth $262,000 after purchasing an additional 122 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in shares of iShares S&P 500 Growth ETF by 51.0% in the 1st quarter. Bessemer Group Inc. now owns 22,527 shares of the company’s stock valued at $1,902,000 after purchasing an additional 7,604 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 2.0 %

NYSEARCA:IVW opened at $98.33 on Friday. The company has a market capitalization of $51.52 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $71.68 and a 52-week high of $101.55. The stock’s 50 day moving average price is $96.26 and its 200 day moving average price is $92.34.

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.