MONECO Advisors LLC Increases Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

MONECO Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% during the 4th quarter, Holdings Channel reports. The firm owned 10,303 shares of the company’s stock after acquiring an additional 123 shares during the period. MONECO Advisors LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,046,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at about $82,464,000. Arvest Bank Trust Division bought a new stake in iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $56,971,000. Strategic Financial Concepts LLC lifted its holdings in iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock worth $479,000 after purchasing an additional 421,703 shares in the last quarter. Sanctuary Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 29.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,412,222 shares of the company’s stock worth $140,686,000 after purchasing an additional 324,178 shares during the period. Finally, LPL Financial LLC grew its holdings 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 valued at $1,501,637,000 after buying an additional 255,991 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $103.43 on Monday. The company’s fifty day moving average price is $104.04 and its 200-day moving average price is $99.04. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The company has a market capitalization of $57.71 billion, a PE ratio of 33.87 and a beta of 1.07.

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.