Western Wealth Management LLC Raises Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Western Wealth Management LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 2.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 235,158 shares of the company’s stock after acquiring an additional 5,675 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.3% of Western Wealth Management LLC’s investment portfolio, making the stock its 12th biggest position. Western Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,660,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC grew its holdings in iShares S&P 500 Growth ETF by 111,454.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after purchasing an additional 552,205,503 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares S&P 500 Growth ETF by 0.5% during the third quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after purchasing an additional 229,932 shares during the period. Morgan Stanley grew its holdings in iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 54.8% in the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock valued at $1,484,069,000 after acquiring an additional 7,681,845 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares S&P 500 Growth ETF by 0.8% in the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after acquiring an additional 138,408 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock traded down $0.48 during trading hours on Thursday, hitting $81.12. The company’s stock had a trading volume of 2,097,913 shares, compared to its average volume of 3,702,123. The business has a 50 day moving average price of $83.08 and a two-hundred day moving average price of $76.49. iShares S&P 500 Growth ETF has a 12-month low of $63.10 and a 12-month high of $85.56. The company has a market cap of $42.57 billion, a PE ratio of 28.34 and a beta of 1.10.

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.