PFG Investments LLC Boosts Stake in iShares S&P 500 Growth ETF $IVW

PFG Investments LLC lifted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 42.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,830 shares of the company’s stock after purchasing an additional 4,101 shares during the quarter. PFG Investments LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,564,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Strive Financial Group LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Financial Network Wealth Advisors LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 174.4% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter valued at $28,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $135.41 on Monday. iShares S&P 500 Growth ETF has a 1 year low of $108.13 and a 1 year high of $141.98. The company has a market capitalization of $73.80 billion, a P/E ratio of 33.33 and a beta of 1.17. The company’s fifty day moving average is $135.53 and its two-hundred day moving average is $126.10.

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. 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.