TCG Advisory Services LLC Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

TCG Advisory Services LLC acquired a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,004 shares of the company’s stock, valued at approximately $301,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. JPMorgan Chase & Co. raised its holdings in shares of iShares S&P 500 Growth ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock valued at $2,967,216,000 after purchasing an additional 229,932 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock valued at $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF by 54.8% during the third quarter. Envestnet Asset Management Inc. now owns 21,690,571 shares of the company’s stock worth $1,484,069,000 after acquiring an additional 7,681,845 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares S&P 500 Growth ETF by 0.8% in the third quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after buying an additional 138,408 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares S&P 500 Growth ETF by 8.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock valued at $619,206,000 after acquiring an additional 682,586 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock traded up $0.66 on Monday, hitting $84.03. The company had a trading volume of 375,860 shares, compared to its average volume of 3,472,419. The stock has a 50-day moving average of $83.10 and a 200-day moving average of $77.55. iShares S&P 500 Growth ETF has a twelve month low of $64.24 and a twelve month high of $85.56. The firm has a market capitalization of $43.88 billion, a P/E ratio of 27.41 and a beta of 1.12.

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.