Partners Wealth Management LLC Takes $1.48 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Partners Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 14,586 shares of the company’s stock, valued at approximately $1,481,000. iShares S&P 500 Growth ETF accounts for about 1.7% of Partners Wealth Management LLC’s portfolio, making the stock its 16th largest holding.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC raised its stake in shares of iShares S&P 500 Growth ETF by 10,066.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 425,892 shares of the company’s stock valued at $479,000 after acquiring an additional 421,703 shares during the period. Advyzon Investment Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $420,000. River Street Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 17.5% in the 3rd quarter. River Street Advisors LLC now owns 9,981 shares of the company’s stock valued at $956,000 after acquiring an additional 1,483 shares during the period. Encompass Wealth Advisors LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the 4th quarter. Encompass Wealth Advisors LLC now owns 367,564 shares of the company’s stock valued at $37,319,000 after acquiring an additional 7,349 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in shares of iShares S&P 500 Growth ETF by 3.9% in the 4th quarter. Perigon Wealth Management LLC now owns 104,980 shares of the company’s stock valued at $10,760,000 after acquiring an additional 3,942 shares during the period.

iShares S&P 500 Growth ETF Trading Down 2.4 %

Shares of IVW stock opened at $103.43 on Monday. iShares S&P 500 Growth ETF has a 52 week low of $79.07 and a 52 week high of $107.14. The company has a market cap of $57.71 billion, a PE ratio of 33.87 and a beta of 1.07. The company’s fifty day simple moving average is $104.04 and its 200-day simple moving average is $99.04.

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.