iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Acquired by Gemmer Asset Management LLC

Gemmer Asset Management LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 36.7% during the third quarter, HoldingsChannel reports. The firm owned 13,226 shares of the company’s stock after purchasing an additional 3,549 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,266,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 35.2% during the second quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock worth $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares S&P 500 Growth ETF by 60.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of iShares S&P 500 Growth ETF by 200.4% during the first quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock worth $214,926,000 after purchasing an additional 1,698,066 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 60.1% during the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after purchasing an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $97.56 on Monday. The firm has a fifty day moving average price of $94.36 and a 200 day moving average price of $90.64. iShares S&P 500 Growth ETF has a 1 year low of $65.53 and a 1 year high of $98.41. The stock has a market cap of $51.11 billion, a PE 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.