Highland Capital Management LLC Has $1.41 Million Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Highland Capital Management LLC increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,927 shares of the company’s stock after purchasing an additional 732 shares during the quarter. Highland Capital Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,414,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of IVW. Gries Financial LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 2.7% in the fourth quarter. Gries Financial LLC now owns 24,148 shares of the company’s stock valued at $2,452,000 after purchasing an additional 640 shares in the last quarter. Strategic Blueprint LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 4.0% during the fourth quarter. Strategic Blueprint LLC now owns 64,667 shares of the company’s stock worth $6,566,000 after buying an additional 2,503 shares in the last quarter. Iams Wealth Management LLC raised its position in iShares S&P 500 Growth ETF by 26.2% in the 4th quarter. Iams Wealth Management LLC now owns 27,474 shares of the company’s stock valued at $2,789,000 after buying an additional 5,707 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Finally, Verus Wealth Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth approximately $748,000.

iShares S&P 500 Growth ETF Stock Up 0.9 %

NYSEARCA IVW opened at $104.68 on Friday. The firm’s 50 day moving average is $102.93 and its 200-day moving average is $97.22. The company has a market capitalization of $54.84 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12-month low of $77.20 and a 12-month high of $107.14.

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.