Ehrlich Financial Group Boosts Stake in iShares S&P 500 Growth ETF $IVW

Ehrlich Financial Group increased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,870 shares of the company’s stock after purchasing an additional 6,133 shares during the period. iShares S&P 500 Growth ETF makes up 7.4% of Ehrlich Financial Group’s portfolio, making the stock its biggest position. Ehrlich Financial Group’s holdings in iShares S&P 500 Growth ETF were worth $12,926,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IVW. United Bank lifted its position in shares of iShares S&P 500 Growth ETF by 4.6% during the 2nd quarter. United Bank now owns 52,096 shares of the company’s stock worth $5,736,000 after buying an additional 2,280 shares during the period. Schnieders Capital Management LLC. acquired a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $600,000. Inspire Advisors LLC grew its position in iShares S&P 500 Growth ETF by 6.8% in the second quarter. Inspire Advisors LLC now owns 3,827 shares of the company’s stock valued at $421,000 after acquiring an additional 242 shares during the period. GDS Wealth Management grew its position in iShares S&P 500 Growth ETF by 7.0% in the second quarter. GDS Wealth Management now owns 7,498 shares of the company’s stock valued at $826,000 after acquiring an additional 493 shares during the period. Finally, Prudential PLC acquired a new position in iShares S&P 500 Growth ETF during the second quarter worth $958,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $116.40 on Friday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The business has a fifty day moving average of $121.13 and a two-hundred day moving average of $121.45. The stock has a market cap of $62.48 billion, a PE ratio of 33.33 and a beta of 1.11.

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. The Growth Index is a subset of the S&P 500 and consists of those stocks in the S&P 500 exhibiting the strongest growth characteristics.