iShares S&P 500 Growth ETF $IVW Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 131.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,497,810 shares of the company’s stock after acquiring an additional 850,349 shares during the period. Fifth Third Bancorp owned approximately 0.28% of iShares S&P 500 Growth ETF worth $169,417,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth boosted its position in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after purchasing an additional 859,584 shares in the last quarter. Valpey Financial Services LLC lifted its position in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th 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 period. Align Financial LLC purchased a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $49,180,000. MML Investors Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 10.9% in the 4th quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after acquiring an additional 358,496 shares during the period. Finally, LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 1.8% in the 4th 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 in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW traded up $0.82 during trading on Friday, reaching $138.59. 1,005,223 shares of the stock were exchanged, compared to its average volume of 3,851,213. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98. The company has a market capitalization of $75.46 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business’s 50 day moving average price is $136.32 and its two-hundred day moving average price is $126.62.

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.