Patton Albertson Miller Group LLC Buys 15,235 Shares of iShares S&P 500 Growth ETF $IVW

Patton Albertson Miller Group LLC raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 182,247 shares of the company’s stock after purchasing an additional 15,235 shares during the period. iShares S&P 500 Growth ETF makes up approximately 2.5% of Patton Albertson Miller Group LLC’s holdings, making the stock its 9th biggest position. Patton Albertson Miller Group LLC’s holdings in iShares S&P 500 Growth ETF were worth $25,064,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in shares of iShares S&P 500 Growth ETF by 6.6% during the 1st quarter. Bank of America Corp DE now owns 19,779,268 shares of the company’s stock worth $2,237,233,000 after purchasing an additional 1,229,382 shares during the period. Calamos Advisors LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock valued at $132,169,000 after buying an additional 1,125,813 shares during the period. Focus Partners Wealth lifted its stake in shares of iShares S&P 500 Growth ETF by 81.0% in the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock valued at $236,725,000 after buying an additional 859,584 shares during the period. Fifth Third Bancorp grew its position in iShares S&P 500 Growth ETF by 131.3% during the first quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock worth $169,417,000 after buying an additional 850,349 shares in the last quarter. Finally, Valpey Financial Services LLC grew its position in iShares S&P 500 Growth ETF by 11,889.3% during the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock worth $87,796,000 after buying an additional 706,345 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Up 0.7%

Shares of IVW opened at $142.54 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $143.26. The firm has a market capitalization of $77.82 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The stock’s 50-day moving average price is $136.39 and its 200 day moving average price is $128.86.

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.