Western Wealth Management LLC Raises Stock Holdings in iShares S&P 500 Growth ETF $IVW

Western Wealth Management LLC grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 235,361 shares of the company’s stock after acquiring an additional 18,491 shares during the quarter. iShares S&P 500 Growth ETF comprises about 1.0% of Western Wealth Management LLC’s holdings, making the stock its 16th largest position. Western Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $26,622,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IVW. Strive Financial Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF during the 4th quarter worth $28,000. Financial Network Wealth Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 174.4% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth $28,000. Finally, Entrust Financial LLC purchased a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $33,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $140.86 on Wednesday. The firm’s fifty day moving average is $136.31 and its two-hundred day moving average is $128.60. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $143.26. The firm has a market cap of $76.90 billion, a PE ratio of 33.33 and a beta of 1.17.

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.