iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 35.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,858 shares of the company’s stock after purchasing an additional 7,530 shares during the period. Arete Wealth Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,936,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IVW. JPMorgan Chase & Co. lifted its holdings in iShares S&P 500 Growth ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after buying an additional 764,970 shares in the last quarter. LPL Financial LLC raised its stake in shares of iShares S&P 500 Growth ETF by 14.4% in the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after acquiring an additional 2,257,493 shares in the last quarter. Stifel Financial Corp raised its stake in shares of iShares S&P 500 Growth ETF by 0.3% in the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock valued at $715,775,000 after acquiring an additional 22,565 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares S&P 500 Growth ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock valued at $556,201,000 after purchasing an additional 148,960 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $456,880,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $94.31 on Thursday. The stock’s 50-day moving average is $100.13 and its two-hundred day moving average is $99.88. The company has a market cap of $51.91 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

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.