Wells Fargo & Company MN Purchases 80,216 Shares of iShares S&P 500 Growth ETF $IVW

Wells Fargo & Company MN grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,021,156 shares of the company’s stock after purchasing an additional 80,216 shares during the quarter. Wells Fargo & Company MN owned approximately 2.80% of iShares S&P 500 Growth ETF worth $1,851,508,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF in the third quarter worth $28,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the second quarter worth $30,000. Entrust Financial LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $33,000. Finally, Carolina Wealth Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $36,000.

iShares S&P 500 Growth ETF Trading Up 0.4%

NYSEARCA:IVW opened at $135.00 on Friday. The stock has a market capitalization of $73.16 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The firm has a fifty day simple moving average of $131.40 and a two-hundred day simple moving average of $124.77. iShares S&P 500 Growth ETF has a 12 month low of $104.21 and a 12 month high of $141.98.

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.