FineMark National Bank & Trust Acquires 9,147 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

FineMark National Bank & Trust boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 12.1% in the fourth quarter, Holdings Channel reports. The firm owned 84,637 shares of the company’s stock after purchasing an additional 9,147 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares S&P 500 Growth ETF were worth $8,593,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in IVW. Mountain Hill Investment Partners Corp. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth approximately $28,000. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $36,000. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $40,000. Compass Financial Services Inc bought a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $40,000. Finally, Bellevue Asset Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $42,000.

iShares S&P 500 Growth ETF Stock Up 2.3 %

Shares of NYSEARCA:IVW opened at $97.11 on Tuesday. The firm has a market cap of $53.45 billion, a P/E ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 12 month low of $79.07 and a 12 month high of $107.14. The company’s 50-day moving average price is $101.40 and its two-hundred day moving average price is $99.77.

About iShares S&P 500 Growth ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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