Churchill Financial Advisors LLC Makes New $1.40 Million Investment in iShares S&P 500 Growth ETF $IVW

Churchill Financial Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,378 shares of the company’s stock, valued at approximately $1,402,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in iShares S&P 500 Growth ETF by 0.4% during the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock worth $5,499,610,000 after purchasing an additional 179,866 shares during the period. UBS Group AG boosted its position in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after acquiring an additional 76,602 shares during the period. Raymond James Financial Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 1.2% in the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock valued at $520,190,000 after acquiring an additional 52,514 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares S&P 500 Growth ETF by 4.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,698,611 shares of the company’s stock valued at $455,891,000 after acquiring an additional 147,279 shares during the period. Finally, Lido Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 6.5% in the third quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock valued at $439,354,000 after acquiring an additional 221,311 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $136.62 on Monday. The firm has a 50 day moving average of $124.60 and a 200-day moving average of $123.09. iShares S&P 500 Growth ETF has a 12 month low of $100.76 and a 12 month high of $139.10. The firm has a market capitalization of $74.04 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.