Retirement Wealth Solutions LLC Acquires New Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Retirement Wealth Solutions LLC bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,199 shares of the company’s stock, valued at approximately $3,053,000. iShares S&P 500 Growth ETF comprises 2.6% of Retirement Wealth Solutions LLC’s holdings, making the stock its 9th biggest position.

Other institutional investors have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in iShares S&P 500 Growth ETF by 10,365.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,584,755 shares of the company’s stock valued at $151,740,000 after buying an additional 1,569,612 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the 2nd quarter valued at $100,688,000. The Manufacturers Life Insurance Company bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth $82,464,000. Cetera Investment Advisers raised its position in shares of iShares S&P 500 Growth ETF by 30.5% in the second quarter. Cetera Investment Advisers now owns 3,320,633 shares of the company’s stock worth $307,291,000 after buying an additional 775,318 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 87.6% during the second quarter. NewEdge Advisors LLC now owns 1,485,754 shares of the company’s stock valued at $137,492,000 after buying an additional 693,848 shares during the period.

iShares S&P 500 Growth ETF Stock Up 1.3 %

Shares of NYSEARCA IVW opened at $103.83 on Friday. The firm has a market capitalization of $54.40 billion, a P/E ratio of 28.52 and a beta of 1.14. The stock’s 50-day simple moving average is $102.10 and its two-hundred day simple moving average is $96.62. iShares S&P 500 Growth ETF has a twelve month low of $75.62 and a twelve month high of $105.64.

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.