iShares S&P 500 Growth ETF $IVW Stock: Lido Advisors LLC Boosts Holdings

Lido Advisors LLC increased its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,832,082 shares of the company’s stock after buying an additional 194,932 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 1.4% of Lido Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Lido Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $545,152,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Measured Wealth Private Client Group LLC purchased a new position in iShares S&P 500 Growth ETF in the 1st quarter worth $34,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in iShares S&P 500 Growth ETF by 1,071.4% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock worth $34,000 after acquiring an additional 225 shares during the period. First Pacific Financial purchased a new stake in iShares S&P 500 Growth ETF during the 2nd quarter valued at about $34,000. GK Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $41,000. Finally, YANKCOM Partnership purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at about $51,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $132.00 on Wednesday. The stock’s 50-day simple moving average is $139.71 and its 200-day simple moving average is $132.20. The firm has a market capitalization of $73.04 billion, a PE ratio of 24.96 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $146.83.

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.