Expressive Wealth LLC Takes $2.16 Million Position in iShares S&P 500 Growth ETF $IVW

Expressive Wealth LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 17,526 shares of the company’s stock, valued at approximately $2,160,000. iShares S&P 500 Growth ETF accounts for about 2.3% of Expressive Wealth LLC’s investment portfolio, making the stock its 10th biggest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IVW. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $28,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Howe & Rusling Inc. increased its position in shares of iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 213 shares during the period. Finally, Entrust Financial LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $33,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW opened at $138.33 on Wednesday. The stock’s fifty day moving average price is $125.41 and its 200 day moving average price is $123.29. iShares S&P 500 Growth ETF has a 1 year low of $102.32 and a 1 year high of $139.10. The company has a market cap of $74.97 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.