iShares S&P 500 Growth ETF $IVW Shares Purchased by Madrid Wealth Management LLC

Madrid Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 38.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,333 shares of the company’s stock after acquiring an additional 6,813 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.0% of Madrid Wealth Management LLC’s investment portfolio, making the stock its 16th biggest position. Madrid Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,752,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IVW. Focus Partners Wealth lifted its position in shares of iShares S&P 500 Growth ETF by 81.0% during the fourth quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after purchasing an additional 859,584 shares in the last quarter. Valpey Financial Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 11,889.3% in the fourth quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after purchasing an additional 706,345 shares in the last quarter. Align Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $49,180,000. MML Investors Services LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 10.9% in the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock valued at $449,308,000 after purchasing an additional 358,496 shares in the last quarter. Finally, LPL Financial LLC increased its stake in iShares S&P 500 Growth ETF by 1.8% during the 4th quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after buying an additional 357,495 shares during the period.

iShares S&P 500 Growth ETF Stock Down 0.7%

iShares S&P 500 Growth ETF stock opened at $132.58 on Friday. The firm has a market cap of $71.85 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 52-week low of $108.13 and a 52-week high of $141.98. The company’s 50 day moving average is $134.68 and its two-hundred day moving average is $125.64.

iShares S&P 500 Growth ETF 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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.