iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Stokes Family Office LLC’s 3rd Largest Position

Stokes Family Office LLC lessened its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 307,968 shares of the company’s stock after selling 19,923 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 3.3% of Stokes Family Office LLC’s portfolio, making the stock its 3rd biggest position. Stokes Family Office LLC owned approximately 0.06% of iShares S&P 500 Growth ETF worth $31,268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Raymond James Financial Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $456,880,000. Wealthfront Advisers LLC purchased a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $350,009,000. The Manufacturers Life Insurance Company purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $82,464,000. Arvest Bank Trust Division purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth approximately $56,971,000. Finally, Strategic Financial Concepts LLC lifted its stake in iShares S&P 500 Growth ETF by 10,066.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.9 %

IVW stock opened at $93.36 on Wednesday. The business has a 50 day moving average price of $101.91 and a 200 day moving average price of $99.65. The stock has a market cap of $51.55 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14.

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.