Avid Wealth Partners LLC Boosts Stock Holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Avid Wealth Partners LLC raised its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.1% in the fourth quarter, HoldingsChannel reports. The firm owned 113,752 shares of the company’s stock after buying an additional 1,185 shares during the quarter. iShares S&P 500 Growth ETF makes up 8.2% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 4th biggest position. Avid Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,549,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IVW. Hantz Financial Services Inc. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth $40,000. Element Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF by 31.1% during the 3rd quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC raised its position in shares of iShares S&P 500 Growth ETF by 160.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after acquiring an additional 370 shares in the last quarter. Copley Financial Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $64,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter valued at approximately $66,000.

iShares S&P 500 Growth ETF Stock Up 0.5 %

Shares of IVW stock opened at $104.89 on Thursday. The business’s fifty day moving average is $103.27 and its 200 day moving average is $97.52. The stock has a market cap of $54.95 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a twelve month low of $79.07 and a twelve month high of $107.14.

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.