Global Retirement Partners LLC Grows Stake in iShares S&P 500 Growth ETF $IVW

Global Retirement Partners LLC boosted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 253,769 shares of the company’s stock after purchasing an additional 12,409 shares during the period. iShares S&P 500 Growth ETF accounts for about 0.7% of Global Retirement Partners LLC’s holdings, making the stock its 26th largest position. Global Retirement Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $30,635,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Davis Capital Management bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at approximately $28,000. Fulton Bank N.A. lifted its position in iShares S&P 500 Growth ETF by 20.8% in the third quarter. Fulton Bank N.A. now owns 5,981 shares of the company’s stock worth $722,000 after buying an additional 1,029 shares during the last quarter. Commonwealth Financial Services LLC boosted its stake in iShares S&P 500 Growth ETF by 21.5% during the third quarter. Commonwealth Financial Services LLC now owns 36,837 shares of the company’s stock worth $4,447,000 after buying an additional 6,510 shares during the period. Brown Miller Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at $521,000. Finally, Kagan Cocozza Asset Management bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at $218,000.

iShares S&P 500 Growth ETF Trading Up 0.1%

iShares S&P 500 Growth ETF stock opened at $123.34 on Friday. The firm has a 50-day moving average price of $123.01 and a 200-day moving average price of $118.04. The firm has a market capitalization of $66.96 billion, a PE ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a 12-month low of $79.31 and a 12-month high of $126.61.

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. 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.