Hobbs Group Advisors LLC Raises Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hobbs Group Advisors LLC grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 19.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,335 shares of the company’s stock after buying an additional 219 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $128,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock worth $4,536,529,000 after purchasing an additional 15,673,824 shares in the last quarter. LPL Financial LLC boosted its stake in 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 purchasing an additional 255,991 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of iShares S&P 500 Growth ETF by 0.3% during the third quarter. Stifel Financial Corp now owns 7,475,408 shares of the company’s stock worth $715,775,000 after buying an additional 22,565 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of iShares S&P 500 Growth ETF by 6.8% in the second quarter. Ameriprise Financial Inc. now owns 7,363,062 shares of the company’s stock valued at $680,575,000 after buying an additional 467,356 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares S&P 500 Growth ETF by 2.6% in the third quarter. PNC Financial Services Group Inc. now owns 5,329,231 shares of the company’s stock worth $510,274,000 after buying an additional 134,169 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $103.15 on Wednesday. iShares S&P 500 Growth ETF has a 1 year low of $72.69 and a 1 year high of $104.15. The firm has a market capitalization of $54.04 billion, a PE ratio of 28.52 and a beta of 1.14. The business has a 50 day simple moving average of $98.60 and a 200-day simple moving average of $94.19.

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.