North Star Investment Management Corp. Has $50.76 Million Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

by · The Cerbat Gem

North Star Investment Management Corp. boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 5.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 530,128 shares of the company’s stock after purchasing an additional 25,809 shares during the quarter. iShares S&P 500 Growth ETF comprises 3.5% of North Star Investment Management Corp.’s holdings, making the stock its 3rd largest holding. North Star Investment Management Corp. owned 0.10% of iShares S&P 500 Growth ETF worth $50,760,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in iShares S&P 500 Growth ETF by 47.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after buying an additional 15,673,824 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares S&P 500 Growth ETF by 35.2% in the 2nd quarter. LPL Financial LLC now owns 15,426,906 shares of the company’s stock valued at $1,427,606,000 after purchasing an additional 4,015,007 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares S&P 500 Growth ETF by 60.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,371,552 shares of the company’s stock worth $589,623,000 after purchasing an additional 2,404,544 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares S&P 500 Growth ETF by 200.4% during the 1st quarter. Cetera Investment Advisers now owns 2,545,315 shares of the company’s stock valued at $214,926,000 after purchasing an additional 1,698,066 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 60.1% in the second quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock worth $392,725,000 after buying an additional 1,593,875 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Up 1.1 %

Shares of IVW traded up $1.03 during trading hours on Tuesday, reaching $96.53. 352,652 shares of the company traded hands, compared to its average volume of 2,900,628. The stock has a market capitalization of $50.57 billion, a P/E ratio of 28.52 and a beta of 1.14. The business has a fifty day moving average price of $94.74 and a 200-day moving average price of $91.23. iShares S&P 500 Growth ETF has a 12-month low of $69.29 and a 12-month high of $98.68.

iShares S&P 500 Growth ETF Company Profile

(Free Report)

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.

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