Prospera Financial Services Inc Increases Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Prospera Financial Services Inc increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 13.0% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 39,979 shares of the company’s stock after buying an additional 4,605 shares during the period. Prospera Financial Services Inc’s holdings in iShares S&P 500 Growth ETF were worth $3,829,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Edgestream Partners L.P. raised its holdings in shares of iShares S&P 500 Growth ETF by 163.0% in the 1st quarter. Edgestream Partners L.P. now owns 10,283 shares of the company’s stock worth $868,000 after purchasing an additional 6,373 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 8.2% during the 1st 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 during the period. Bessemer Group Inc. increased its position in iShares S&P 500 Growth ETF by 51.0% during the 1st quarter. Bessemer Group Inc. now owns 22,527 shares of the company’s stock worth $1,902,000 after purchasing an additional 7,604 shares in the last quarter. Lake Street Advisors Group LLC purchased a new position in iShares S&P 500 Growth ETF in the first quarter valued at approximately $739,000. Finally, Evermay Wealth Management LLC lifted its position in iShares S&P 500 Growth ETF by 114.9% during the first quarter. Evermay Wealth Management LLC now owns 1,631 shares of the company’s stock valued at $138,000 after buying an additional 872 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0 %

IVW opened at $99.65 on Wednesday. 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 50 day moving average of $96.65 and a two-hundred day moving average of $92.65. The company has a market cap of $52.21 billion, a P/E 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.