Lpwm LLC Has $3.19 Million Position in iShares S&P 500 Growth ETF $IVW

Lpwm LLC boosted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 26.4% in the fourth quarter, HoldingsChannel reports. The firm owned 25,850 shares of the company’s stock after buying an additional 5,391 shares during the period. iShares S&P 500 Growth ETF makes up about 0.8% of Lpwm LLC’s portfolio, making the stock its 25th largest position. Lpwm LLC’s holdings in iShares S&P 500 Growth ETF were worth $3,186,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Davis Capital Management acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $28,000. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $28,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at about $30,000. Howe & Rusling Inc. grew its stake in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the period. Finally, Financial Consulate Inc. bought a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at about $41,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $116.40 on Friday. The stock’s 50 day simple moving average is $121.13 and its 200 day simple moving average is $121.45. The company has a market cap of $62.48 billion, a P/E ratio of 33.33 and a beta of 1.11. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61.

iShares S&P 500 Growth ETF Company 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.