Axis Wealth Partners LLC Purchases Shares of 20,251 iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Axis Wealth Partners LLC purchased a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,251 shares of the company’s stock, valued at approximately $2,056,000. iShares S&P 500 Growth ETF comprises about 1.7% of Axis Wealth Partners LLC’s portfolio, making the stock its 16th largest position.

Several other institutional investors also recently modified their holdings of the business. BankPlus Trust Department bought a new position in iShares S&P 500 Growth ETF during the 4th quarter worth $36,000. Hantz Financial Services Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Compass Financial Services Inc acquired a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth approximately $40,000. Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $42,000. Finally, POM Investment Strategies LLC increased its position in iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after purchasing an additional 302 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

iShares S&P 500 Growth ETF stock opened at $96.55 on Friday. The firm has a 50 day moving average price of $103.14 and a two-hundred day moving average price of $99.58. iShares S&P 500 Growth ETF has a 52-week low of $79.07 and a 52-week high of $107.14. The firm has a market cap of $53.31 billion, a price-to-earnings ratio of 30.05 and a beta of 1.08.

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.