Cambridge Trust Co. Grows Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Cambridge Trust Co. boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,010 shares of the company’s stock after purchasing an additional 1,384 shares during the period. Cambridge Trust Co.’s holdings in iShares S&P 500 Growth ETF were worth $2,930,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 111,454.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 552,700,957 shares of the company’s stock valued at $32,333,006,000 after acquiring an additional 552,205,503 shares during the period. Envestnet Asset Management Inc. raised its holdings in 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 valued at $1,484,069,000 after acquiring an additional 7,681,845 shares during the period. LPL Financial LLC raised its holdings in iShares S&P 500 Growth ETF by 35.1% during the third quarter. LPL Financial LLC now owns 7,697,945 shares of the company’s stock valued at $526,693,000 after acquiring an additional 1,998,078 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth about $133,439,000. Finally, Morgan Stanley increased its holdings in shares of iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after purchasing an additional 1,542,503 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW stock traded down $0.50 during trading hours on Thursday, hitting $81.10. The stock had a trading volume of 1,394,552 shares, compared to its average volume of 3,691,749. The stock has a market capitalization of $42.56 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10. The stock’s 50-day moving average price is $83.08 and its two-hundred day moving average price is $76.49. iShares S&P 500 Growth ETF has a one year low of $63.10 and a one year high of $85.56.

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.