Corundum Group Inc. Increases Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Corundum Group Inc. boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,424 shares of the company’s stock after purchasing an additional 500 shares during the period. iShares S&P 500 Growth ETF makes up approximately 1.1% of Corundum Group Inc.’s holdings, making the stock its 18th largest position. Corundum Group Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,316,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of iShares S&P 500 Growth ETF by 0.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 43,367,674 shares of the company’s stock worth $2,967,216,000 after purchasing an additional 229,932 shares in the last quarter. Morgan Stanley raised its stake in shares of iShares S&P 500 Growth ETF by 5.5% in the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares during the period. Jones Financial Companies Lllp grew its stake in shares of iShares S&P 500 Growth ETF by 0.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,974,485 shares of the company’s stock valued at $1,229,814,000 after acquiring an additional 138,408 shares during the period. Ameriprise Financial Inc. increased its holdings in iShares S&P 500 Growth ETF by 8.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 9,048,951 shares of the company’s stock worth $619,206,000 after acquiring an additional 682,586 shares in the last quarter. Finally, Stifel Financial Corp raised its stake in iShares S&P 500 Growth ETF by 0.8% during the 4th quarter. Stifel Financial Corp now owns 6,968,324 shares of the company’s stock worth $523,327,000 after acquiring an additional 58,292 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW traded up $0.35 during mid-day trading on Thursday, reaching $93.32. The stock had a trading volume of 99,714 shares, compared to its average volume of 3,389,420. The business has a fifty day moving average of $86.55 and a 200 day moving average of $82.20. The firm has a market cap of $48.89 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 12 month low of $65.53 and a 12 month high of $93.81.

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.