iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Fifth Third Securities Inc.

Fifth Third Securities Inc. increased its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,375 shares of the company’s stock after purchasing an additional 13,568 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 1.1% of Fifth Third Securities Inc.’s portfolio, making the stock its 18th biggest position. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $13,237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IVW. Davis Capital Management increased its position in shares of iShares S&P 500 Growth ETF by 78.4% during the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock worth $39,000 after purchasing an additional 181 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth about $40,000. Element Wealth LLC increased its position in shares of iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after purchasing an additional 137 shares during the last quarter. Valued Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 160.2% during the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after purchasing an additional 370 shares during the last quarter. Finally, Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $64,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $104.68 on Friday. The company has a market cap of $54.84 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock has a 50-day moving average of $102.93 and a two-hundred day moving average of $97.22. iShares S&P 500 Growth ETF has a 1-year low of $77.20 and a 1-year high of $107.14.

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.