Mather Group LLC. Grows Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Mather Group LLC. grew its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 48.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,162 shares of the company’s stock after buying an additional 7,890 shares during the period. Mather Group LLC.’s holdings in iShares S&P 500 Growth ETF were worth $2,040,000 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. Watershed Private Wealth LLC boosted its stake in iShares S&P 500 Growth ETF by 3.6% during the fourth quarter. Watershed Private Wealth LLC now owns 52,774 shares of the company’s stock worth $3,963,000 after buying an additional 1,820 shares during the period. Financial Perspectives Inc grew its holdings in iShares S&P 500 Growth ETF by 2.5% during the 4th quarter. Financial Perspectives Inc now owns 90,929 shares of the company’s stock valued at $6,829,000 after purchasing an additional 2,209 shares during the last quarter. Spire Wealth Management raised its position in iShares S&P 500 Growth ETF by 8.2% in the 4th quarter. Spire Wealth Management now owns 201,322 shares of the company’s stock worth $15,623,000 after purchasing an additional 15,270 shares during the period. Paradigm Strategies in Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth about $205,000. Finally, Gimbal Financial purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at approximately $12,588,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW traded up $0.92 during mid-day trading on Tuesday, reaching $85.69. 4,458,504 shares of the company’s stock traded hands, compared to its average volume of 3,313,639. The stock’s 50-day moving average is $91.68 and its two-hundred day moving average is $85.87. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $97.22. The stock has a market cap of $44.89 billion, a P/E ratio of 28.52 and a beta of 1.14.

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.