iShares S&P 500 Growth ETF (NYSEARCA:IVW) Position Raised by Madrona Financial Services LLC

Madrona Financial Services LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,604 shares of the company’s stock after purchasing an additional 5,519 shares during the period. iShares S&P 500 Growth ETF accounts for about 3.7% of Madrona Financial Services LLC’s holdings, making the stock its 6th biggest position. Madrona Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $13,271,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IVW. Fisher Asset Management LLC boosted its stake in iShares S&P 500 Growth ETF by 34.8% in the 4th quarter. Fisher Asset Management LLC now owns 4,309 shares of the company’s stock worth $324,000 after purchasing an additional 1,113 shares during the period. Apella Capital LLC boosted its position in shares of iShares S&P 500 Growth ETF by 64.2% in the first quarter. Apella Capital LLC now owns 7,049 shares of the company’s stock valued at $594,000 after acquiring an additional 2,757 shares during the period. Fragasso Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the first quarter valued at approximately $204,000. MCIA Inc bought a new stake in iShares S&P 500 Growth ETF during the 1st quarter worth approximately $244,000. Finally, Midwest Financial Group LLC lifted its stake in iShares S&P 500 Growth ETF by 60.2% in the 1st quarter. Midwest Financial Group LLC now owns 83,440 shares of the company’s stock worth $7,046,000 after purchasing an additional 31,339 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA:IVW opened at $96.99 on Friday. The company has a market cap of $50.81 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a one year low of $65.53 and a one year high of $98.05. The firm has a fifty day moving average price of $93.53 and a two-hundred day moving average price of $89.99.

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.