iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Royal Fund Management LLC’s 3rd Largest Position

Royal Fund Management LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 32.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 226,528 shares of the company’s stock after acquiring an additional 56,029 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.9% of Royal Fund Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Royal Fund Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,015,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Goodwin Investment Advisory purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $29,000. Life Planning Partners Inc bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter valued at $32,000. Howe & Rusling Inc. lifted its stake in iShares S&P 500 Growth ETF by 1,137.2% in the 3rd quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after purchasing an additional 489 shares in the last quarter. Finally, Capital Investment Counsel Inc bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock traded up $1.52 during trading on Friday, reaching $83.37. 2,580,985 shares of the stock traded hands, compared to its average volume of 3,509,656. The company has a market capitalization of $43.54 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. iShares S&P 500 Growth ETF has a 52-week low of $63.19 and a 52-week high of $85.56. The business has a fifty day simple moving average of $83.10 and a two-hundred day simple moving average of $77.44.

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.