iShares S&P 500 Growth ETF $IVW Stake Raised by Frontier Asset Management LLC

Frontier Asset Management LLC lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 193.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,804 shares of the company’s stock after acquiring an additional 121,142 shares during the quarter. iShares S&P 500 Growth ETF accounts for 4.4% of Frontier Asset Management LLC’s portfolio, making the stock its 5th largest position. Frontier Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $20,790,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Calamos Advisors LLC raised its position in iShares S&P 500 Growth ETF by 2,637.2% in the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after purchasing an additional 1,125,813 shares during the period. Focus Partners Wealth lifted its stake in iShares S&P 500 Growth ETF by 81.0% in the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after purchasing an additional 859,584 shares during the last quarter. Fifth Third Bancorp boosted its position in shares of iShares S&P 500 Growth ETF by 131.3% during the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after buying an additional 850,349 shares during the period. Valpey Financial Services LLC boosted its position in shares of iShares S&P 500 Growth ETF by 11,889.3% during the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after buying an additional 706,345 shares during the period. Finally, Align Financial LLC bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $49,180,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $134.26 on Friday. 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 company has a market cap of $73.16 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The business’s 50 day moving average price is $136.68 and its 200-day moving average price is $127.04.

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.