Instrumental Wealth LLC Acquires 37,417 Shares of iShares S&P 500 Growth ETF $IVW

Instrumental Wealth LLC grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 25.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 184,715 shares of the company’s stock after purchasing an additional 37,417 shares during the period. iShares S&P 500 Growth ETF makes up about 13.3% of Instrumental Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Instrumental Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $22,293,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Strive Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Financial Network Wealth Advisors LLC grew its stake in shares of iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $28,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $137.96 on Friday. The firm has a market capitalization of $74.77 billion, a P/E ratio of 33.33 and a beta of 1.17. The company has a 50 day moving average price of $133.56 and a 200 day moving average price of $125.28. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98.

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.