hemming& Wealth Management Inc. Has $25.63 Million Position in iShares S&P 500 Growth ETF $IVW

hemming& Wealth Management Inc. grew its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 23.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 226,585 shares of the company’s stock after purchasing an additional 43,008 shares during the quarter. iShares S&P 500 Growth ETF makes up about 17.9% of hemming& Wealth Management Inc.’s portfolio, making the stock its 2nd largest position. hemming& Wealth Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $25,629,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Smith Moore & CO. boosted its position in iShares S&P 500 Growth ETF by 2.9% during the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its position in shares of iShares S&P 500 Growth ETF by 0.7% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock worth $1,406,000 after acquiring an additional 86 shares in the last quarter. Proactive Wealth Strategies LLC raised its position in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after acquiring an additional 86 shares in the last quarter. Ignite Planners LLC lifted its stake in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock valued at $241,000 after purchasing an additional 88 shares during the period. Finally, First National Bank & Trust Co. of Newtown lifted its stake in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock valued at $969,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Growth ETF Price Performance

Shares of iShares S&P 500 Growth ETF stock opened at $136.88 on Thursday. The stock’s 50-day moving average is $135.23 and its 200 day moving average is $125.92. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The firm has a market cap of $74.53 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.