Sofi Wealth LLC Takes $4.57 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Sofi Wealth LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 45,034 shares of the company’s stock, valued at approximately $4,572,000. iShares S&P 500 Growth ETF makes up about 0.3% of Sofi Wealth LLC’s investment portfolio, making the stock its 12th largest position.

Several other large investors also recently made changes to their positions in IVW. Allspring Global Investments Holdings LLC boosted its position in shares of iShares S&P 500 Growth ETF by 35,928.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,522 shares of the company’s stock valued at $241,000 after purchasing an additional 2,515 shares in the last quarter. PFG Investments LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 32.7% in the third quarter. PFG Investments LLC now owns 7,128 shares of the company’s stock worth $683,000 after buying an additional 1,758 shares during the period. FSA Advisors Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the third quarter worth about $228,000. Gemmer Asset Management LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 36.7% in the third quarter. Gemmer Asset Management LLC now owns 13,226 shares of the company’s stock worth $1,266,000 after buying an additional 3,549 shares during the period. Finally, Southern Capital Advisors LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 3.5% in the third quarter. Southern Capital Advisors LLC now owns 37,127 shares of the company’s stock worth $3,555,000 after buying an additional 1,256 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $102.40 on Tuesday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The company has a 50-day moving average of $103.98 and a two-hundred day moving average of $99.14. The stock has a market cap of $57.14 billion, a price-to-earnings ratio of 33.87 and a beta of 1.07.

iShares S&P 500 Growth ETF 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.