Absolute Capital Management LLC Raises Stock Holdings in iShares S&P 500 Growth ETF $IVW

Absolute Capital Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 67.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,479 shares of the company’s stock after purchasing an additional 12,270 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.4% of Absolute Capital Management LLC’s holdings, making the stock its 24th largest position. Absolute Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,757,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Valpey Financial Services LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% during the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after acquiring an additional 706,345 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after purchasing an additional 357,495 shares during the last quarter. AlphaCore Capital LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 522.0% in the fourth quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock valued at $36,921,000 after purchasing an additional 251,375 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 80.3% in the fourth quarter. Cerity Partners LLC now owns 517,762 shares of the company’s stock valued at $63,819,000 after purchasing an additional 230,633 shares during the last quarter. Finally, Lido Advisors LLC increased its holdings 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 purchasing an additional 221,311 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $134.50 on Friday. iShares S&P 500 Growth ETF has a one year low of $104.21 and a one year high of $141.98. The stock has a market cap of $72.89 billion, a PE ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average price of $130.99 and a 200 day moving average price of $124.69.

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.