Balefire LLC Increases Stake in iShares S&P 500 Growth ETF $IVW

Balefire LLC lifted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 52.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 69,671 shares of the company’s stock after buying an additional 24,073 shares during the quarter. iShares S&P 500 Growth ETF makes up 1.5% of Balefire LLC’s portfolio, making the stock its 11th biggest position. Balefire LLC’s holdings in iShares S&P 500 Growth ETF were worth $9,911,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IVW. Bank of America Corp DE boosted its holdings in shares of iShares S&P 500 Growth ETF by 6.6% during the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after acquiring an additional 1,229,382 shares during the period. Calamos Advisors LLC grew its holdings 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 buying an additional 1,125,813 shares in the last quarter. Focus Partners Wealth increased its position in iShares S&P 500 Growth ETF by 81.0% in the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after acquiring an additional 859,584 shares during the period. Fifth Third Bancorp increased its position in iShares S&P 500 Growth ETF by 131.3% in the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after acquiring an additional 850,349 shares during the period. Finally, Align Financial LLC bought a new stake in iShares S&P 500 Growth ETF during the 4th quarter valued at $49,180,000.

iShares S&P 500 Growth ETF Stock Up 0.8%

IVW stock traded up $1.15 during trading on Friday, reaching $145.24. 1,278,495 shares of the company’s stock were exchanged, compared to its average volume of 3,051,156. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $146.83. The company’s fifty day moving average price is $140.98 and its 200-day moving average price is $134.72. The firm has a market cap of $80.06 billion, a PE 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.