GDS Wealth Management Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GDS Wealth Management raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,725 shares of the company’s stock after acquiring an additional 315 shares during the quarter. GDS Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $683,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in IVW. International Assets Investment Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after buying an additional 1,569,612 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $82,464,000. Arvest Bank Trust Division purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $56,971,000. Sanctuary Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 29.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after buying an additional 324,178 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of iShares S&P 500 Growth ETF by 1.7% during the 3rd quarter. LPL Financial LLC now owns 15,682,897 shares of the company’s stock worth $1,501,637,000 after buying an additional 255,991 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Down 0.8 %

Shares of NYSEARCA:IVW opened at $103.32 on Tuesday. The company has a market capitalization of $54.13 billion, a PE ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14. The firm has a 50 day simple moving average of $103.12 and a 200-day simple moving average of $97.36.

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.