Godfrey Financial Associates Inc. Takes Position in iShares S&P 500 Growth ETF $IVW

Godfrey Financial Associates Inc. acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 91,431 shares of the company’s stock, valued at approximately $11,270,000. iShares S&P 500 Growth ETF accounts for about 9.6% of Godfrey Financial Associates Inc.’s investment portfolio, making the stock its 2nd biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Envestnet Asset Management Inc. raised its holdings in iShares S&P 500 Growth ETF by 0.4% in the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock valued at $5,499,610,000 after acquiring an additional 179,866 shares in the last quarter. UBS Group AG raised its holdings in 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 in the last quarter. Raymond James Financial Inc. raised its holdings in 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 in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in 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 in the last quarter. Finally, Lido Advisors LLC raised its holdings in 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 in the last quarter.

iShares S&P 500 Growth ETF Stock Down 0.0%

Shares of NYSEARCA:IVW opened at $138.32 on Thursday. The firm’s 50 day moving average price is $125.81 and its 200 day moving average price is $123.40. The stock has a market cap of $74.96 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $102.32 and a fifty-two week high of $139.10.

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.