Quadrant Private Wealth Management LLC Grows Stock Position in iShares S&P 500 Growth ETF $IVW

Quadrant Private Wealth Management LLC increased its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 94,451 shares of the company’s stock after acquiring an additional 7,552 shares during the period. iShares S&P 500 Growth ETF comprises about 1.9% of Quadrant Private Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. Quadrant Private Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $11,642,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IVW. Davis Capital Management purchased a new position in iShares S&P 500 Growth ETF in the third quarter worth about $28,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $28,000. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter worth approximately $30,000. Finally, Howe & Rusling Inc. boosted its holdings in shares of 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 worth $31,000 after buying an additional 213 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.2%

IVW opened at $126.58 on Friday. The firm’s 50 day simple moving average is $118.51 and its two-hundred day simple moving average is $121.24. The company has a market capitalization of $68.17 billion, a PE ratio of 33.33 and a beta of 1.15. iShares S&P 500 Growth ETF has a 1-year low of $84.89 and a 1-year high of $126.88.

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.