iShares S&P 500 Growth ETF $IVW Stock Position Raised by Fifth Third Securities Inc.

Fifth Third Securities Inc. increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 61.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 240,918 shares of the company’s stock after buying an additional 91,929 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.7% of Fifth Third Securities Inc.’s investment portfolio, making the stock its 10th largest position. Fifth Third Securities Inc.’s holdings in iShares S&P 500 Growth ETF were worth $34,273,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Sowell Financial Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 4.4% in the third quarter. Sowell Financial Services LLC now owns 51,584 shares of the company’s stock worth $7,338,000 after buying an additional 2,179 shares during the period. Physician Wealth Advisors Inc. lifted its position in shares of iShares S&P 500 Growth ETF by 1.6% in the third quarter. Physician Wealth Advisors Inc. now owns 234,393 shares of the company’s stock valued at $33,345,000 after acquiring an additional 3,635 shares in the last quarter. Carnegie Investment Counsel boosted its stake in shares of iShares S&P 500 Growth ETF by 0.9% in the third quarter. Carnegie Investment Counsel now owns 26,165 shares of the company’s stock worth $3,722,000 after acquiring an additional 227 shares during the period. Sentinel Advisory Group LLC lifted its holdings in shares of iShares S&P 500 Growth ETF by 4.0% in the third quarter. Sentinel Advisory Group LLC now owns 6,679 shares of the company’s stock worth $950,000 after buying an additional 257 shares in the last quarter. Finally, Zullo Investment Group Inc. increased its stake in iShares S&P 500 Growth ETF by 14.9% in the 3rd quarter. Zullo Investment Group Inc. now owns 3,208 shares of the company’s stock worth $456,000 after acquiring an additional 417 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.8%

NYSEARCA IVW traded up $1.12 during trading hours on Wednesday, hitting $141.07. 478,749 shares of the company were exchanged, compared to its average volume of 2,988,305. The stock has a market cap of $78.04 billion, a PE ratio of 33.33 and a beta of 1.17. The stock has a 50-day moving average price of $141.08 and a 200 day moving average price of $136.29. iShares S&P 500 Growth ETF has a 52 week low of $108.13 and a 52 week high of $146.83.

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. 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.