Northeast Investment Management Purchases New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Northeast Investment Management acquired a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,004 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also modified their holdings of the company. Empowered Funds LLC bought a new stake in iShares S&P 500 Growth ETF during the fourth quarter valued at $98,000. Moloney Securities Asset Management LLC grew its position in shares of iShares S&P 500 Growth ETF by 22.9% during the 4th quarter. Moloney Securities Asset Management LLC now owns 100,907 shares of the company’s stock valued at $10,245,000 after buying an additional 18,815 shares during the last quarter. D Orazio & Associates Inc. acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $262,000. Advisors Preferred LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $822,000. Finally, Kingsview Wealth Management LLC boosted its stake in iShares S&P 500 Growth ETF by 5.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 28,022 shares of the company’s stock valued at $2,845,000 after acquiring an additional 1,380 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $104.75 on Friday. The stock’s fifty day moving average is $103.56 and its two-hundred day moving average is $97.71. The stock has a market capitalization of $54.88 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $79.07 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.