Mariner LLC Raises Stock Position in iShares S&P 500 Growth ETF $IVW

Mariner LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,665,537 shares of the company’s stock after buying an additional 61,398 shares during the quarter. Mariner LLC’s holdings in iShares S&P 500 Growth ETF were worth $451,818,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in IVW. Focus Partners Wealth increased its holdings 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 valued at $236,725,000 after buying an additional 859,584 shares in the last quarter. Valpey Financial Services LLC increased its holdings in iShares S&P 500 Growth ETF by 11,889.3% in 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 in the last quarter. LPL Financial LLC increased its holdings in iShares S&P 500 Growth ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock valued at $2,442,579,000 after buying an additional 357,495 shares in the last quarter. AlphaCore Capital LLC increased its holdings in iShares S&P 500 Growth ETF by 522.0% in the fourth quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock valued at $36,921,000 after buying an additional 251,375 shares in the last quarter. Finally, Alvarez & Marsal Private Wealth Partners LLC purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at about $30,484,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $135.00 on Monday. iShares S&P 500 Growth ETF has a 12-month low of $104.21 and a 12-month high of $141.98. The stock has a market cap of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17. The company has a 50-day moving average of $131.40 and a two-hundred day moving average of $124.79.

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. 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.