Summit Financial Consulting LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 60,236 shares of the company’s stock, valued at approximately $5,592,000. iShares S&P 500 Growth ETF makes up approximately 5.2% of Summit Financial Consulting LLC’s portfolio, making the stock its 5th biggest holding.
Several other hedge funds have also added to or reduced their stakes in IVW. Wealthfront Advisers LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $350,009,000. FIL Ltd purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $309,434,000. LPL Financial LLC boosted its position in shares of iShares S&P 500 Growth ETF by 14.4% during the fourth quarter. LPL Financial LLC now owns 17,940,390 shares of the company’s stock valued at $1,821,488,000 after buying an additional 2,257,493 shares during the last quarter. Sofi Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 4,023.6% during the first quarter. Sofi Wealth LLC now owns 1,857,008 shares of the company’s stock valued at $172,386,000 after buying an additional 1,811,974 shares during the last quarter. Finally, Lido Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 49.7% during the fourth quarter. Lido Advisors LLC now owns 3,127,477 shares of the company’s stock valued at $317,533,000 after buying an additional 1,038,548 shares during the last quarter.
iShares S&P 500 Growth ETF Price Performance
iShares S&P 500 Growth ETF stock opened at $110.80 on Friday. iShares S&P 500 Growth ETF has a one year low of $79.31 and a one year high of $111.06. The stock has a market capitalization of $60.96 billion, a PE ratio of 29.66 and a beta of 1.05. The business’s fifty day moving average is $103.48 and its 200 day moving average is $100.29.
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.
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