United Asset Strategies Inc. Purchases New Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

United Asset Strategies Inc. bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,672 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Moneta Group Investment Advisors LLC lifted its position in iShares S&P 500 Growth ETF by 111,454.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock worth $32,333,006,000 after buying an additional 552,205,503 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares S&P 500 Growth ETF by 54.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after buying an additional 7,681,845 shares in the last quarter. LPL Financial LLC lifted its position in iShares S&P 500 Growth ETF by 35.1% in the 3rd quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock worth $526,693,000 after buying an additional 1,998,078 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $133,439,000. Finally, Morgan Stanley lifted its position in iShares S&P 500 Growth ETF by 5.5% in the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Down 1.0 %

IVW stock opened at $81.60 on Thursday. The company has a market cap of $42.82 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The company has a 50 day moving average of $83.08 and a two-hundred day moving average of $76.49. iShares S&P 500 Growth ETF has a 12-month low of $63.10 and a 12-month high of $85.56.

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.