WNY Asset Management LLC Invests $591,000 in iShares S&P 500 Growth ETF $IVW

WNY Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,225 shares of the company’s stock, valued at approximately $591,000.

Several other hedge funds have also recently bought and sold shares of IVW. Bank of America Corp DE boosted its position in 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 worth $2,237,233,000 after purchasing an additional 1,229,382 shares in the last quarter. Calamos Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock valued at $132,169,000 after buying an additional 1,125,813 shares in the last quarter. Focus Partners Wealth increased its position in shares of 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. Fifth Third Bancorp raised its stake in shares of iShares S&P 500 Growth ETF by 131.3% during the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after buying an additional 850,349 shares during the last quarter. Finally, Valpey Financial Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after buying an additional 706,345 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.4%

iShares S&P 500 Growth ETF stock opened at $135.25 on Friday. The firm has a market capitalization of $73.85 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $141.98. The firm’s 50-day simple moving average is $136.10 and its 200 day simple moving average is $127.71.

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.