Sovran Advisors LLC Acquires New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sovran Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 100,951 shares of the company’s stock, valued at approximately $10,149,000. iShares S&P 500 Growth ETF comprises about 1.4% of Sovran Advisors LLC’s holdings, making the stock its 8th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IVW. International Assets Investment Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 10,365.3% in the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after acquiring an additional 1,569,612 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $82,464,000. Arvest Bank Trust Division acquired a new stake in iShares S&P 500 Growth ETF in the third quarter valued at $56,971,000. Strategic Financial Concepts LLC lifted its holdings in iShares S&P 500 Growth ETF by 10,066.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after acquiring an additional 421,703 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 29.8% in the third quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock valued at $140,686,000 after acquiring an additional 324,178 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $105.64 on Tuesday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The business has a fifty day moving average of $103.56 and a two-hundred day moving average of $97.79. The company has a market cap of $55.34 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.