Kingsview Wealth Management LLC Raises Stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Kingsview Wealth Management LLC grew its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.2% during the fourth quarter, HoldingsChannel reports. The firm owned 28,022 shares of the company’s stock after purchasing an additional 1,380 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $2,845,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently modified their holdings of IVW. River Street Advisors LLC increased its holdings in iShares S&P 500 Growth ETF by 17.5% in the third quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after buying an additional 1,483 shares in the last quarter. Encompass Wealth Advisors LLC raised its holdings in iShares S&P 500 Growth ETF by 2.0% during the fourth quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock worth $37,319,000 after purchasing an additional 7,349 shares during the last quarter. Perigon Wealth Management LLC grew its holdings in iShares S&P 500 Growth ETF by 3.9% in the fourth quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock valued at $10,760,000 after purchasing an additional 3,942 shares during the last quarter. Citigroup Inc. increased its position in shares of iShares S&P 500 Growth ETF by 11.5% in the third quarter. Citigroup Inc. now owns 336,250 shares of the company’s stock valued at $32,196,000 after buying an additional 34,624 shares in the last quarter. Finally, Tompkins Financial Corp raised its stake in shares of iShares S&P 500 Growth ETF by 31.0% during the 4th quarter. Tompkins Financial Corp now owns 12,404 shares of the company’s stock worth $1,259,000 after buying an additional 2,936 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $104.75 on Monday. The stock’s 50 day moving average price is $103.56 and its 200 day moving average price is $97.74. The firm has a market cap of $54.88 billion, a P/E ratio of 28.52 and a beta of 1.14. iShares S&P 500 Growth ETF has a 1 year low of $79.07 and a 1 year high of $107.14.

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.