Palisade Asset Management LLC Buys 354 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Palisade Asset Management LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,706 shares of the company’s stock after purchasing an additional 354 shares during the period. Palisade Asset Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $429,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Financial Connections Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. Goodwin Investment Advisory purchased a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $29,000. Life Planning Partners Inc bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $32,000. Howe & Rusling Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF by 1,137.2% in the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock worth $36,000 after buying an additional 489 shares during the last quarter. Finally, Capital Investment Counsel Inc bought a new stake in iShares S&P 500 Growth ETF during the third quarter valued at approximately $42,000.

iShares S&P 500 Growth ETF Trading Down 0.1 %

IVW stock traded down $0.05 during midday trading on Tuesday, reaching $84.48. 1,833,175 shares of the company’s stock traded hands, compared to its average volume of 3,467,452. iShares S&P 500 Growth ETF has a 52-week low of $64.24 and a 52-week high of $85.56. The stock has a market cap of $44.12 billion, a P/E ratio of 27.41 and a beta of 1.12. The stock’s 50-day moving average is $83.18 and its 200 day moving average is $77.77.

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.