Freedom Investment Management Inc. Buys 756 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Freedom Investment Management Inc. grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 15.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 5,663 shares of the company’s stock after buying an additional 756 shares during the period. Freedom Investment Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $542,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its position in shares of iShares S&P 500 Growth ETF by 47.0% during the second quarter. Envestnet Asset Management Inc. now owns 49,022,359 shares of the company’s stock valued at $4,536,529,000 after purchasing an additional 15,673,824 shares during the period. LPL Financial LLC raised its stake 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 buying an additional 4,015,007 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of 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 acquiring an additional 2,404,544 shares during the period. Park Avenue Securities LLC boosted its position in shares of iShares S&P 500 Growth ETF by 60.1% during the 2nd quarter. Park Avenue Securities LLC now owns 4,243,838 shares of the company’s stock valued at $392,725,000 after acquiring an additional 1,593,875 shares in the last quarter. Finally, CWM LLC increased its stake in iShares S&P 500 Growth ETF by 36.0% in the second quarter. CWM LLC now owns 6,010,873 shares of the company’s stock valued at $556,246,000 after acquiring an additional 1,591,661 shares during the period.

iShares S&P 500 Growth ETF Trading Up 1.0 %

NYSEARCA IVW opened at $100.96 on Friday. The stock’s 50 day moving average is $97.70 and its two-hundred day moving average is $93.40. iShares S&P 500 Growth ETF has a 1-year low of $71.93 and a 1-year high of $101.55. The company has a market capitalization of $52.89 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.