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

Bleakley Financial Group LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,594 shares of the company’s stock after acquiring 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.

Other hedge funds have also modified their holdings of the company. Morgan Stanley raised its stake in shares of iShares S&P 500 Growth ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 33,646,152 shares of the company’s stock worth $4,147,225,000 after purchasing an additional 186,391 shares in the last quarter. LPL Financial LLC raised its position in iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after acquiring an additional 357,495 shares in the last quarter. Wells Fargo & Company MN lifted its stake in iShares S&P 500 Growth ETF by 0.5% in the fourth quarter. Wells Fargo & Company MN now owns 15,021,156 shares of the company’s stock valued at $1,851,508,000 after acquiring an additional 80,216 shares during the last quarter. Cetera Investment Advisers lifted its stake in iShares S&P 500 Growth ETF by 3.4% in the fourth quarter. Cetera Investment Advisers now owns 4,509,307 shares of the company’s stock valued at $555,817,000 after acquiring an additional 146,739 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in iShares S&P 500 Growth ETF by 1.1% in the fourth quarter. Raymond James Financial Inc. now owns 4,354,800 shares of the company’s stock valued at $536,773,000 after acquiring an additional 45,738 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.0%

IVW stock opened at $137.89 on Wednesday. The firm has a 50 day moving average of $136.59 and a two-hundred day moving average of $126.81. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $141.98. The company has a market capitalization of $75.11 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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. 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.