iShares S&P 500 Growth ETF $IVW is Cypress Wealth Services LLC’s 7th Largest Position

Cypress Wealth Services LLC lifted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 141,462 shares of the company’s stock after purchasing an additional 7,606 shares during the period. iShares S&P 500 Growth ETF comprises approximately 2.4% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 7th largest holding. Cypress Wealth Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $17,437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Davis Capital Management purchased a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF during the third quarter valued at $28,000. Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the second quarter worth $30,000. Howe & Rusling Inc. increased its position in iShares S&P 500 Growth ETF by 484.1% in the third quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock worth $31,000 after buying an additional 213 shares during the last quarter. Finally, Ransom Advisory Ltd bought a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at $37,000.

iShares S&P 500 Growth ETF Stock Performance

IVW stock opened at $109.59 on Friday. The stock has a fifty day moving average of $119.83 and a 200-day moving average of $121.39. iShares S&P 500 Growth ETF has a fifty-two week low of $79.31 and a fifty-two week high of $126.61. The company has a market capitalization of $58.83 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11.

About iShares S&P 500 Growth ETF

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.