Creative Planning Increases Investment in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

On October 20, 2024, it was reported that Creative Planning has raised its stake in the iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 3.3% during the third quarter of the year. According to the latest filing with the SEC, Creative Planning now holds a total of 506,415 shares of this ETF after purchasing an additional 15,976 shares in the recent quarter. As of the latest reporting period, Creative Planning's ownership in iShares S&P 500 Growth ETF is valued at approximately $48,489,000, representing about 0.10% of the fund's shares.

In addition to Creative Planning, other institutional investors have also been active in trading shares of iShares S&P 500 Growth ETF. For instance, Annex Advisory Services LLC increased its holding of the ETF by 2.7% in the second quarter, bringing its total to 4,165 shares worth around $385,000 after acquiring 110 additional shares during that time. Similarly, Massmutual Trust Co. FSB ADV boosted its position by 10.0%, now owning 1,320 shares valued at approximately $122,000 following a purchase of 120 shares.

Texas Capital Bancshares Inc TX also raised its stake in the ETF by 4.1% during the first quarter, now possessing 3,102 shares worth about $262,000 after acquiring 122 shares. Another firm, Processus Wealth & Capital Management LLC, raised its position by 1.0% in the second quarter, now owning 12,423 shares valued at $1,150,000 after an additional acquisition of 122 shares. Diversified LLC also increased its holdings by 4.3%, owning 3,013 shares worth roughly $279,000 after a purchase of 123 shares.

Stock Performance of iShares S&P 500 Growth ETF

On Friday, the iShares S&P 500 Growth ETF opened at $97.52. The fund has recorded a 50-day moving average of $93.72 and a 200-day moving average of $90.12. Furthermore, the ETF has experienced a 52-week low of $65.53 and a 52-week high of $98.05. With a market capitalization of approximately $51.09 billion, the ETF has a price-to-earnings (P/E) ratio of 28.52 and a beta of 1.14, indicating its volatility relative to the market.

About the iShares S&P 500 Growth ETF

The iShares S&P 500 Growth ETF, previously known as the iShares S&P 500 Growth Index Fund, is an exchange-traded fund designed to track the performance of the growth segment of the S&P 500. The fund aims to replicate the price and yield performance of the S&P 500/Citigroup Growth Index, which represents large-cap growth stocks within the U.S. equity market.

Further Information

Readers interested in understanding more about institutional holdings of the iShares S&P 500 Growth ETF can visit HoldingsChannel.com(https://www.holdingschannel.com) for updated 13F filings and insider trades. Additionally, to receive daily news and ratings related to the iShares S&P 500 Growth ETF and other comparable companies, sign up for a free daily email newsletter.

Investment, ETF, Portfolio