Payden & Rygel Boosts Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Payden & Rygel boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 14.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 337,184 shares of the company’s stock after purchasing an additional 43,513 shares during the period. iShares S&P 500 Growth ETF comprises 1.7% of Payden & Rygel’s portfolio, making the stock its 12th biggest holding. Payden & Rygel’s holdings in iShares S&P 500 Growth ETF were worth $23,765,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Russell Investments Group Ltd. bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter worth $30,000. Steward Financial Group LLC bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter worth about $34,000. Chilton Capital Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 1st quarter valued at about $37,000. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares S&P 500 Growth ETF by 45.8% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 583 shares of the company’s stock valued at $41,000 after acquiring an additional 183 shares during the period. Finally, Archer Investment Corp increased its holdings in iShares S&P 500 Growth ETF by 57.1% in the 2nd quarter. Archer Investment Corp now owns 754 shares of the company’s stock worth $53,000 after acquiring an additional 274 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW remained flat at $72.01 during trading hours on Friday. 1,417,044 shares of the company’s stock traded hands, compared to its average volume of 1,877,907. The stock has a market capitalization of $35.28 billion, a P/E ratio of 22.15 and a beta of 1.05. iShares S&P 500 Growth ETF has a twelve month low of $57.19 and a twelve month high of $72.87. The firm has a 50-day moving average of $69.43 and a 200 day moving average of $69.30.

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.