Arvest Investments Inc. Takes $9.49 Million Position in iShares S&P 500 Growth ETF $IVW

Arvest Investments Inc. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 76,955 shares of the company’s stock, valued at approximately $9,485,000. iShares S&P 500 Growth ETF comprises approximately 1.3% of Arvest Investments Inc.’s holdings, making the stock its 24th biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Growth ETF by 0.4% during the third quarter. Envestnet Asset Management Inc. now owns 45,556,746 shares of the company’s stock worth $5,499,610,000 after acquiring an additional 179,866 shares during the last quarter. UBS Group AG grew its position in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. UBS Group AG now owns 8,911,282 shares of the company’s stock valued at $1,075,770,000 after purchasing an additional 76,602 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 6.9% during the second quarter. Ameriprise Financial Inc. now owns 8,499,823 shares of the company’s stock worth $935,874,000 after purchasing an additional 547,663 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 1.2% during the third quarter. Raymond James Financial Inc. now owns 4,309,062 shares of the company’s stock worth $520,190,000 after purchasing an additional 52,514 shares during the period. Finally, Lido Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after purchasing an additional 221,311 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW opened at $114.66 on Friday. The business has a fifty day simple moving average of $118.88 and a 200 day simple moving average of $121.17. The company has a market capitalization of $61.55 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 1 year low of $79.31 and a 1 year high of $126.61.

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. 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.