The Manufacturers Life Insurance Company Invests $82.46 Million in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

The Manufacturers Life Insurance Company purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) during the 3rd quarter, HoldingsChannel.com reports. The firm purchased 861,240 shares of the company’s stock, valued at approximately $82,464,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. River Street Advisors LLC boosted its holdings in iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after acquiring an additional 1,483 shares during the last quarter. Foster Victor Wealth Advisors LLC bought a new stake in iShares S&P 500 Growth ETF in the second quarter valued at approximately $226,000. FineMark National Bank & Trust boosted its holdings in iShares S&P 500 Growth ETF by 4.8% in the second quarter. FineMark National Bank & Trust now owns 71,052 shares of the company’s stock valued at $6,575,000 after acquiring an additional 3,279 shares during the last quarter. Choreo LLC boosted its holdings in iShares S&P 500 Growth ETF by 13.8% in the second quarter. Choreo LLC now owns 506,741 shares of the company’s stock valued at $47,239,000 after acquiring an additional 61,420 shares during the last quarter. Finally, Adaptive Financial Consulting LLC boosted its holdings in iShares S&P 500 Growth ETF by 1.2% in the second quarter. Adaptive Financial Consulting LLC now owns 195,869 shares of the company’s stock valued at $18,126,000 after acquiring an additional 2,383 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $99.93 on Thursday. The stock has a market capitalization of $52.35 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52-week low of $71.93 and a 52-week high of $101.55. The stock’s 50 day moving average price is $97.48 and its two-hundred day moving average price is $93.24.

iShares S&P 500 Growth ETF 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.

Further Reading

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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