Stark Wealth Management LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Stark Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 46,680 shares of the company’s stock, valued at approximately $4,841,000. iShares S&P 500 Growth ETF comprises approximately 6.7% of Stark Wealth Management LLC’s portfolio, making the stock its 5th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA raised its holdings in iShares S&P 500 Growth ETF by 0.5% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 16,981 shares of the company’s stock worth $1,870,000 after purchasing an additional 90 shares during the period. LongView Wealth Management increased its position in iShares S&P 500 Growth ETF by 0.9% in the second quarter. LongView Wealth Management now owns 10,811 shares of the company’s stock worth $1,190,000 after buying an additional 94 shares in the last quarter. Cape ANN Savings Bank raised its stake in shares of iShares S&P 500 Growth ETF by 4.2% in the first quarter. Cape ANN Savings Bank now owns 2,476 shares of the company’s stock worth $230,000 after buying an additional 100 shares during the period. B & T Capital Management DBA Alpha Capital Management lifted its position in shares of iShares S&P 500 Growth ETF by 3.5% during the 2nd quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,922 shares of the company’s stock valued at $322,000 after buying an additional 100 shares in the last quarter. Finally, waypoint wealth counsel lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% during the 2nd quarter. waypoint wealth counsel now owns 27,414 shares of the company’s stock valued at $3,018,000 after buying an additional 103 shares in the last quarter.

iShares S&P 500 Growth ETF Trading Down 1.6%

iShares S&P 500 Growth ETF stock opened at $122.39 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61. The firm has a market capitalization of $66.44 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The firm has a 50 day moving average of $122.29 and a 200 day moving average of $116.12.

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.