iShares S&P 500 Growth ETF (NYSEARCA:IVW) Shares Purchased by Iams Wealth Management LLC

Iams Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 30.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,977 shares of the company’s stock after acquiring an additional 5,661 shares during the period. iShares S&P 500 Growth ETF comprises 1.2% of Iams Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. Iams Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,970,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 57.0% in the 1st quarter. CWM LLC now owns 4,419,212 shares of the company’s stock valued at $373,158,000 after purchasing an additional 1,604,659 shares in the last quarter. Park Avenue Securities LLC raised its stake in shares of iShares S&P 500 Growth ETF by 145.0% during the first quarter. Park Avenue Securities LLC now owns 2,649,963 shares of the company’s stock valued at $223,763,000 after purchasing an additional 1,568,156 shares during the period. Morgan Stanley grew its position in shares of iShares S&P 500 Growth ETF by 5.5% during the third quarter. Morgan Stanley now owns 29,378,514 shares of the company’s stock worth $2,010,078,000 after buying an additional 1,542,503 shares in the last quarter. Midland Wealth Advisors LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth approximately $100,134,000. Finally, Comerica Bank acquired a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth approximately $75,684,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded up $0.23 during midday trading on Tuesday, reaching $93.46. 574,973 shares of the company traded hands, compared to its average volume of 3,366,703. iShares S&P 500 Growth ETF has a 52 week low of $65.53 and a 52 week high of $94.17. The company has a market cap of $48.96 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14. The stock has a 50-day moving average price of $87.28 and a 200 day moving average price of $82.60.

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.