Fragasso Group Inc. Makes New Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fragasso Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 2,414 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds also recently bought and sold shares of IVW. CWM LLC grew its stake in iShares S&P 500 Growth ETF by 57.0% during the 1st quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after acquiring an additional 1,604,659 shares in the last quarter. Park Avenue Securities LLC grew its stake in iShares S&P 500 Growth ETF by 145.0% during the 1st quarter. Park Avenue Securities LLC now owns 2,649,963 shares of the company’s stock valued at $223,763,000 after acquiring an additional 1,568,156 shares in the last quarter. Morgan Stanley grew its stake in iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after acquiring an additional 1,542,503 shares in the last quarter. Midland Wealth Advisors LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter valued at about $100,134,000. Finally, Comerica Bank bought a new stake in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $75,684,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $92.34 on Friday. The stock has a market cap of $48.38 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The business has a 50 day simple moving average of $86.17 and a 200 day simple moving average of $81.86. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $93.81.

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.