Bleakley Financial Group LLC Has $7.99 Million Position in iShares S&P 500 Growth ETF $IVW

Bleakley Financial Group LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,594 shares of the company’s stock after purchasing an additional 6,033 shares during the period. Bleakley Financial Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $7,985,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. Northland Securities Inc. grew its holdings in shares of iShares S&P 500 Growth ETF by 4.0% during the first quarter. Northland Securities Inc. now owns 21,973 shares of the company’s stock valued at $2,485,000 after buying an additional 853 shares in the last quarter. NWF Advisory Services Inc. raised its position in iShares S&P 500 Growth ETF by 18.6% during the first quarter. NWF Advisory Services Inc. now owns 7,022 shares of the company’s stock valued at $794,000 after buying an additional 1,099 shares during the period. Principal Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 1st quarter worth about $558,000. Team Financial Group LLC lifted its stake in iShares S&P 500 Growth ETF by 7.7% in the 1st quarter. Team Financial Group LLC now owns 1,418 shares of the company’s stock worth $160,000 after acquiring an additional 101 shares in the last quarter. Finally, Cdkv Holdings LLC boosted its position in iShares S&P 500 Growth ETF by 208.7% during the 1st quarter. Cdkv Holdings LLC now owns 1,775 shares of the company’s stock worth $201,000 after acquiring an additional 1,200 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $137.89 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98. The stock’s 50-day moving average is $136.59 and its two-hundred day moving average is $126.81. The stock has a market cap of $75.11 billion, a PE ratio of 33.33 and a beta of 1.17.

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.