iShares S&P 500 Growth ETF $IVW Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,787,267 shares of the company’s stock after purchasing an additional 137,902 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares S&P 500 Growth ETF were worth $220,298,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $28,000. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth approximately $28,000. Darwin Wealth Management LLC purchased a new position in iShares S&P 500 Growth ETF in the second quarter worth approximately $30,000. Howe & Rusling Inc. raised its stake in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares in the last quarter. Finally, Entrust Financial LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $33,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $134.60 on Friday. iShares S&P 500 Growth ETF has a 1-year low of $104.21 and a 1-year high of $141.98. The stock has a market cap of $72.95 billion, a PE ratio of 33.33 and a beta of 1.17. The stock’s fifty day moving average is $129.14 and its two-hundred day moving average is $124.23.

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.