Fragasso Group Inc. Takes Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Fragasso Group Inc. purchased a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,414 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in 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 worth $2,967,216,000 after buying an additional 229,932 shares during the period. Morgan Stanley increased its stake in iShares S&P 500 Growth ETF by 5.5% during the 3rd quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares during the period. Jones Financial Companies Lllp increased its stake in iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock worth $1,229,814,000 after buying an additional 138,408 shares during the period. Ameriprise Financial Inc. increased its stake in iShares S&P 500 Growth ETF by 8.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after buying an additional 682,586 shares during the period. Finally, Stifel Financial Corp increased its stake in iShares S&P 500 Growth ETF by 0.8% during the 4th quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after buying an additional 58,292 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.3 %

NYSEARCA IVW opened at $92.34 on Friday. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $93.81. The stock has a market capitalization of $48.38 billion, a PE ratio of 28.52 and a beta of 1.14. The firm has a 50 day moving average of $86.17 and a two-hundred day moving average of $81.86.

About iShares S&P 500 Growth ETF

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.