Fisher Asset Management LLC Increases Stake in iShares S&P 500 Growth ETF $IVW

Fisher Asset Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 54.6% during the 4th quarter, HoldingsChannel reports. The fund owned 25,627 shares of the company’s stock after purchasing an additional 9,053 shares during the period. Fisher Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,159,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IVW. Atria Investments Inc increased its position in iShares S&P 500 Growth ETF by 4.6% during the 3rd quarter. Atria Investments Inc now owns 457,419 shares of the company’s stock valued at $55,220,000 after purchasing an additional 19,917 shares during the period. AE Wealth Management LLC increased its position in iShares S&P 500 Growth ETF by 4.1% during the 3rd quarter. AE Wealth Management LLC now owns 693,299 shares of the company’s stock valued at $83,695,000 after purchasing an additional 27,282 shares during the period. Brookstone Capital Management increased its position in iShares S&P 500 Growth ETF by 5.7% during the 4th quarter. Brookstone Capital Management now owns 237,167 shares of the company’s stock valued at $29,233,000 after purchasing an additional 12,778 shares during the period. Ameritas Advisory Services LLC increased its position in iShares S&P 500 Growth ETF by 40.5% during the 3rd quarter. Ameritas Advisory Services LLC now owns 97,539 shares of the company’s stock valued at $11,775,000 after purchasing an additional 28,137 shares during the period. Finally, Capital Advantage Inc. increased its position in iShares S&P 500 Growth ETF by 40.9% during the 4th quarter. Capital Advantage Inc. now owns 25,498 shares of the company’s stock valued at $3,143,000 after purchasing an additional 7,396 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $139.60 on Friday. iShares S&P 500 Growth ETF has a fifty-two week low of $102.32 and a fifty-two week high of $139.74. The stock has a market capitalization of $75.66 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s 50-day simple moving average is $126.23 and its 200-day simple moving average is $123.53.

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.