iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Stegner Investment Associates Inc.’s Largest Position

Stegner Investment Associates Inc. decreased its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 631,174 shares of the company’s stock after selling 9,534 shares during the period. iShares S&P 500 Growth ETF accounts for about 42.4% of Stegner Investment Associates Inc.’s holdings, making the stock its biggest position. Stegner Investment Associates Inc.’s holdings in iShares S&P 500 Growth ETF were worth $64,083,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. BankPlus Trust Department purchased a new position in shares of iShares S&P 500 Growth ETF in the fourth quarter worth about $36,000. Hantz Financial Services Inc. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $40,000. Compass Financial Services Inc purchased a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $40,000. POM Investment Strategies LLC raised its holdings in iShares S&P 500 Growth ETF by 194.8% during the 4th quarter. POM Investment Strategies LLC now owns 457 shares of the company’s stock valued at $46,000 after acquiring an additional 302 shares during the period. Finally, Copley Financial Group Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF during the third quarter worth $64,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $97.71 on Wednesday. iShares S&P 500 Growth ETF has a fifty-two week low of $79.07 and a fifty-two week high of $107.14. The stock has a market cap of $54.52 billion, a PE ratio of 33.87 and a beta of 1.07. The stock has a fifty day moving average of $103.58 and a 200-day moving average of $99.55.

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.