Parallel Advisors LLC Acquires 35,753 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Parallel Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 8.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 451,256 shares of the company’s stock after buying an additional 35,753 shares during the quarter. iShares S&P 500 Growth ETF makes up approximately 1.0% of Parallel Advisors LLC’s holdings, making the stock its 14th largest holding. Parallel Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $45,816,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. BankPlus Trust Department acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $36,000. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. Compass Financial Services Inc acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $40,000. Bellevue Asset Management LLC acquired a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $42,000. Finally, POM Investment Strategies LLC lifted its holdings in iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock worth $46,000 after buying an additional 302 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $94.82 on Monday. The stock’s fifty day moving average price is $102.27 and its two-hundred day moving average price is $99.63. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The company has a market cap of $52.36 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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