LVZ Inc. Has $125.70 Million Position in iShares S&P 500 Growth ETF $IVW

LVZ Inc. decreased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,019,830 shares of the company’s stock after selling 7,128 shares during the period. iShares S&P 500 Growth ETF accounts for about 14.1% of LVZ Inc.’s portfolio, making the stock its largest holding. LVZ Inc.’s holdings in iShares S&P 500 Growth ETF were worth $125,704,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of IVW. United Bank boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares during the period. Schnieders Capital Management LLC. bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $600,000. Russell Investments Group Ltd. boosted its holdings in shares of iShares S&P 500 Growth ETF by 13.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 5,992 shares of the company’s stock worth $660,000 after buying an additional 707 shares during the period. First Trust Advisors LP boosted its holdings in shares of iShares S&P 500 Growth ETF by 15.4% during the 2nd quarter. First Trust Advisors LP now owns 31,834 shares of the company’s stock worth $3,505,000 after buying an additional 4,238 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 2nd quarter worth about $244,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $141.59 on Tuesday. The company has a market capitalization of $76.73 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The company has a 50-day simple moving average of $127.21 and a 200 day simple moving average of $123.77. iShares S&P 500 Growth ETF has a 52 week low of $102.92 and a 52 week high of $141.98.

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.