Sagespring Wealth Partners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW – Free Report) by 9.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 309,896 shares of the company’s stock after acquiring an additional 26,818 shares during the quarter. Sagespring Wealth Partners LLC owned 0.06% of iShares S&P 500 Growth ETF worth $38,198,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Davis Capital Management acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter worth $28,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF in the third quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in iShares S&P 500 Growth ETF in the second quarter valued at $30,000. Howe & Rusling Inc. increased its holdings in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after purchasing an additional 213 shares during the period. Finally, Ransom Advisory Ltd bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $37,000.
iShares S&P 500 Growth ETF Trading Down 2.0%
Shares of IVW opened at $114.13 on Friday. The company has a market capitalization of $61.26 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 stock’s 50-day moving average price is $120.92 and its two-hundred day moving average price is $121.44.
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.
Further Reading
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