Simplicity Wealth LLC Acquires 45,102 Shares of iShares S&P 500 Growth ETF $IVW

Simplicity Wealth LLC increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 50.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 133,979 shares of the company’s stock after purchasing an additional 45,102 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $19,060,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IVW. Bank of America Corp DE raised its position 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 period. Cetera Investment Advisers lifted its stake in shares of iShares S&P 500 Growth ETF by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 4,754,617 shares of the company’s stock valued at $537,795,000 after purchasing an additional 245,310 shares during the last quarter. Lido Advisors LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 2.3% during the 1st quarter. Lido Advisors LLC now owns 3,873,907 shares of the company’s stock worth $438,178,000 after purchasing an additional 85,467 shares during the period. Royal Bank of Canada grew its holdings in shares of iShares S&P 500 Growth ETF by 5.8% during the 1st quarter. Royal Bank of Canada now owns 3,539,621 shares of the company’s stock worth $400,576,000 after purchasing an additional 193,529 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 9.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 2,416,574 shares of the company’s stock worth $273,339,000 after purchasing an additional 211,952 shares during the period.

iShares S&P 500 Growth ETF Trading Down 0.5%

Shares of NYSEARCA:IVW opened at $136.48 on Friday. The business has a 50-day moving average price of $140.85 and a 200 day moving average price of $136.64. The company has a market capitalization of $75.50 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month 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.