Dentgroup LLC Raises Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Dentgroup LLC raised its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,864 shares of the company’s stock after buying an additional 149 shares during the period. iShares S&P 500 Growth ETF comprises approximately 2.0% of Dentgroup LLC’s holdings, making the stock its 14th largest position. Dentgroup LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,626,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Ritholtz Wealth Management increased its stake in shares of iShares S&P 500 Growth ETF by 36.0% in the second quarter. Ritholtz Wealth Management now owns 5,449 shares of the company’s stock worth $504,000 after purchasing an additional 1,441 shares in the last quarter. Natixis Advisors LLC lifted its position in shares of iShares S&P 500 Growth ETF by 9.9% in the second quarter. Natixis Advisors LLC now owns 141,371 shares of the company’s stock valued at $13,082,000 after acquiring an additional 12,692 shares in the last quarter. Founders Financial Securities LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 14.9% in the second quarter. Founders Financial Securities LLC now owns 7,338 shares of the company’s stock worth $679,000 after acquiring an additional 954 shares during the period. First National Trust Co grew its position in shares of iShares S&P 500 Growth ETF by 40.4% during the second quarter. First National Trust Co now owns 16,357 shares of the company’s stock worth $1,514,000 after purchasing an additional 4,705 shares in the last quarter. Finally, Stablepoint Partners LLC raised its stake in iShares S&P 500 Growth ETF by 5.4% during the 2nd quarter. Stablepoint Partners LLC now owns 22,596 shares of the company’s stock valued at $2,035,000 after purchasing an additional 1,162 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded up $1.51 during mid-day trading on Friday, hitting $103.02. The company had a trading volume of 802,414 shares, compared to its average volume of 1,957,593. The stock’s 50 day moving average price is $101.14 and its 200-day moving average price is $95.95. iShares S&P 500 Growth ETF has a 52-week low of $72.69 and a 52-week high of $105.64. The company has a market capitalization of $53.97 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.