S&CO Inc. Invests $4.63 Million in iShares S&P 500 Growth ETF $IVW

S&CO Inc. acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 33,695 shares of the company’s stock, valued at approximately $4,634,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Bank of America Corp DE increased its stake in iShares S&P 500 Growth ETF by 6.6% in the first quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock valued at $2,237,233,000 after purchasing an additional 1,229,382 shares during the last quarter. Calamos Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 2,637.2% during the 1st quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock worth $132,169,000 after buying an additional 1,125,813 shares during the last quarter. Focus Partners Wealth lifted its position in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after buying an additional 859,584 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of iShares S&P 500 Growth ETF by 131.3% in the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after buying an additional 850,349 shares in the last quarter. Finally, Valpey Financial Services LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% in the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after buying an additional 706,345 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $141.98 on Friday. The firm’s fifty day moving average price is $136.54 and its 200 day moving average price is $128.95. iShares S&P 500 Growth ETF has a 12 month low of $108.13 and a 12 month high of $143.26. The company has a market capitalization of $77.51 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.