Barrett & Company Inc. Increases Stake in iShares S&P 500 Growth ETF $IVW

Barrett & Company Inc. lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 154,458 shares of the company’s stock after buying an additional 10,697 shares during the quarter. iShares S&P 500 Growth ETF comprises 6.4% of Barrett & Company Inc.’s portfolio, making the stock its 2nd biggest holding. Barrett & Company Inc.’s holdings in iShares S&P 500 Growth ETF were worth $18,646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its position in shares of iShares S&P 500 Growth ETF by 329.5% during the second quarter. The Manufacturers Life Insurance Company now owns 1,708,995 shares of the company’s stock worth $188,160,000 after purchasing an additional 1,311,063 shares in the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 11,334.7% in the second quarter. Laurel Wealth Advisors LLC now owns 770,011 shares of the company’s stock valued at $84,778,000 after purchasing an additional 763,277 shares in the last quarter. EP Wealth Advisors LLC raised its position in iShares S&P 500 Growth ETF by 487.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 679,544 shares of the company’s stock worth $74,818,000 after purchasing an additional 563,960 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares S&P 500 Growth ETF by 6.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after buying an additional 547,663 shares in the last quarter. Finally, World Investment Advisors boosted its position in iShares S&P 500 Growth ETF by 104.4% in the 2nd quarter. World Investment Advisors now owns 744,016 shares of the company’s stock valued at $81,916,000 after buying an additional 380,049 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.4%

Shares of IVW opened at $123.52 on Friday. The stock’s fifty day simple moving average is $123.03 and its 200-day simple moving average is $119.65. The firm has a market capitalization of $66.28 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.