GEN Financial Management INC. Acquires New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

GEN Financial Management INC. bought a new position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 6,933 shares of the company’s stock, valued at approximately $704,000. iShares S&P 500 Growth ETF accounts for 0.5% of GEN Financial Management INC.’s investment portfolio, making the stock its 27th biggest position.

Several other large investors have also recently modified their holdings of IVW. Hantz Financial Services Inc. purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. Element Wealth LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 31.1% in the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after acquiring an additional 137 shares during the period. Valued Wealth Advisors LLC grew its position in shares of iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after purchasing an additional 370 shares in the last quarter. Copley Financial Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter valued at $64,000. Finally, ORG Wealth Partners LLC purchased a new stake in iShares S&P 500 Growth ETF during the 3rd quarter worth about $66,000.

iShares S&P 500 Growth ETF Stock Down 0.8 %

Shares of NYSEARCA IVW opened at $103.32 on Tuesday. The company has a market cap of $54.13 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The business has a 50-day simple moving average of $103.12 and a two-hundred day simple moving average of $97.36.

About iShares S&P 500 Growth ETF

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.