Compass Capital Corp MA ADV Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Compass Capital Corp MA ADV bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,448 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in iShares S&P 500 Growth ETF by 1.7% during the fourth quarter. JPMorgan Chase & Co. now owns 44,878,487 shares of the company’s stock worth $4,556,513,000 after buying an additional 764,970 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock worth $1,821,488,000 after purchasing an additional 2,257,493 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares S&P 500 Growth ETF by 6.4% during the fourth quarter. Wells Fargo & Company MN now owns 16,602,697 shares of the company’s stock worth $1,685,672,000 after purchasing an additional 999,882 shares during the period. Ameriprise Financial Inc. raised its position in shares of iShares S&P 500 Growth ETF by 2.4% during the fourth quarter. Ameriprise Financial Inc. now owns 7,975,850 shares of the company’s stock worth $809,740,000 after purchasing an additional 186,796 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares S&P 500 Growth ETF by 2.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,478,191 shares of the company’s stock worth $556,201,000 after purchasing an additional 148,960 shares during the period.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $105.27 on Friday. The firm has a market cap of $57.00 billion, a P/E ratio of 29.66 and a beta of 1.12. The stock’s 50-day moving average is $99.37 and its 200-day moving average is $99.94. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $107.14.

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.