FineMark National Bank & Trust Raises Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

FineMark National Bank & Trust boosted its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 4.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 71,052 shares of the company’s stock after purchasing an additional 3,279 shares during the period. FineMark National Bank & Trust’s holdings in iShares S&P 500 Growth ETF were worth $6,575,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC lifted its position in iShares S&P 500 Growth ETF by 74.3% in the fourth quarter. Fisher Asset Management LLC now owns 5,572 shares of the company’s stock valued at $418,000 after purchasing an additional 2,376 shares during the last quarter. Natixis Advisors L.P. raised its holdings in iShares S&P 500 Growth ETF by 1.6% during the 4th quarter. Natixis Advisors L.P. now owns 104,464 shares of the company’s stock valued at $7,845,000 after buying an additional 1,636 shares during the last quarter. Aveo Capital Partners LLC raised its holdings in iShares S&P 500 Growth ETF by 13.4% during the 4th quarter. Aveo Capital Partners LLC now owns 6,602 shares of the company’s stock valued at $496,000 after buying an additional 779 shares during the last quarter. 9258 Wealth Management LLC boosted its position in iShares S&P 500 Growth ETF by 1.3% during the 4th quarter. 9258 Wealth Management LLC now owns 15,322 shares of the company’s stock valued at $1,151,000 after buying an additional 198 shares during the period. Finally, National Bank of Canada FI grew its holdings in iShares S&P 500 Growth ETF by 2.4% in the 4th quarter. National Bank of Canada FI now owns 38,244 shares of the company’s stock worth $2,824,000 after acquiring an additional 899 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2 %

IVW stock opened at $90.33 on Thursday. The stock has a market capitalization of $47.32 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The firm’s 50-day moving average price is $92.09 and its two-hundred day moving average price is $87.61. iShares S&P 500 Growth ETF has a 12-month low of $65.53 and a 12-month high of $97.22.

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.