Wealthfront Advisers LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Wealthfront Advisers LLC purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,447,344 shares of the company’s stock, valued at approximately $350,009,000. Wealthfront Advisers LLC owned 0.66% of iShares S&P 500 Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BankPlus Trust Department acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $36,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Bellevue Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $42,000. Finally, POM Investment Strategies LLC increased its stake in shares of iShares S&P 500 Growth ETF by 194.8% in the fourth quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after buying an additional 302 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $92.95 on Tuesday. The business has a 50 day simple moving average of $102.95 and a 200 day simple moving average of $99.62. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The stock has a market capitalization of $51.33 billion, a P/E ratio of 30.05 and a beta of 1.08.

iShares S&P 500 Growth ETF Company 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.