iShares S&P 500 Growth ETF $IVW Stake Raised by Planned Solutions Inc.

Planned Solutions Inc. grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 112,685 shares of the company’s stock after acquiring an additional 6,605 shares during the quarter. iShares S&P 500 Growth ETF accounts for 4.7% of Planned Solutions Inc.’s portfolio, making the stock its 6th largest position. Planned Solutions Inc.’s holdings in iShares S&P 500 Growth ETF were worth $13,603,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in IVW. AQR Capital Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 26.7% during the first quarter. AQR Capital Management LLC now owns 67,130 shares of the company’s stock valued at $6,232,000 after acquiring an additional 14,132 shares during the last quarter. Flaharty Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF in the 1st quarter valued at about $26,000. Nova Wealth Management Inc. lifted its holdings in iShares S&P 500 Growth ETF by 168.3% in the 1st quarter. Nova Wealth Management Inc. now owns 1,937 shares of the company’s stock valued at $180,000 after purchasing an additional 1,215 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in iShares S&P 500 Growth ETF by 26.2% in the 1st quarter. Modern Wealth Management LLC now owns 1,105,387 shares of the company’s stock valued at $102,613,000 after purchasing an additional 229,167 shares in the last quarter. Finally, Cim LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 2.4% during the 1st quarter. Cim LLC now owns 6,613 shares of the company’s stock worth $614,000 after purchasing an additional 158 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $123.73 on Friday. The company has a market cap of $66.83 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. The company has a 50-day simple moving average of $122.93 and a 200-day simple moving average of $118.48.

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.