iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Ehrlich Financial Group’s Largest Position

Ehrlich Financial Group boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,161 shares of the company’s stock after acquiring an additional 8,701 shares during the quarter. iShares S&P 500 Growth ETF comprises 9.2% of Ehrlich Financial Group’s holdings, making the stock its largest holding. Ehrlich Financial Group’s holdings in iShares S&P 500 Growth ETF were worth $12,911,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in iShares S&P 500 Growth ETF by 10,365.3% during the third quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock worth $151,740,000 after purchasing an additional 1,569,612 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at about $100,688,000. The Manufacturers Life Insurance Company purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth approximately $82,464,000. Cetera Investment Advisers lifted its position in shares of iShares S&P 500 Growth ETF by 30.5% during the 2nd quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after purchasing an additional 775,318 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 87.6% in the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after buying an additional 693,848 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW traded down $0.32 during trading on Monday, reaching $100.76. 1,780,297 shares of the company’s stock were exchanged, compared to its average volume of 2,031,105. iShares S&P 500 Growth ETF has a 1 year low of $74.61 and a 1 year high of $105.64. The stock has a market cap of $52.79 billion, a P/E ratio of 28.52 and a beta of 1.14. The company has a 50 day moving average price of $101.81 and a two-hundred day moving average price of $96.42.

iShares S&P 500 Growth ETF Company 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.