Hemington Wealth Management Increases Stock Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Hemington Wealth Management grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 84.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,559 shares of the company’s stock after acquiring an additional 715 shares during the period. Hemington Wealth Management’s holdings in iShares S&P 500 Growth ETF were worth $158,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of IVW. Alpha Financial Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $11,343,000. ORG Wealth Partners LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth about $66,000. Creative Planning raised its position in shares of iShares S&P 500 Growth ETF by 3.3% during the 3rd quarter. Creative Planning now owns 506,415 shares of the company’s stock worth $48,489,000 after purchasing an additional 15,976 shares during the last quarter. PFG Advisors raised its holdings in shares of iShares S&P 500 Growth ETF by 58.5% during the third quarter. PFG Advisors now owns 56,504 shares of the company’s stock valued at $5,410,000 after acquiring an additional 20,853 shares during the last quarter. Finally, Legacy Financial Group LLC raised its stake in iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Legacy Financial Group LLC now owns 165,940 shares of the company’s stock valued at $15,889,000 after purchasing an additional 667 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW opened at $105.05 on Thursday. The business has a fifty day moving average price of $103.70 and a 200 day moving average price of $98.02. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The company has a market cap of $55.04 billion, a P/E ratio of 28.52 and a beta of 1.14.

About iShares S&P 500 Growth ETF

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.