Diversify Wealth Management LLC Buys 73,584 Shares of iShares S&P 500 Growth ETF $IVW

Diversify Wealth Management LLC grew its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 58.8% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 198,711 shares of the company’s stock after buying an additional 73,584 shares during the period. Diversify Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $22,476,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Strive Financial Group LLC acquired a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter worth approximately $28,000. Financial Network Wealth Advisors LLC increased its position in shares of iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock valued at $28,000 after purchasing an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new stake in shares of iShares S&P 500 Growth ETF during the third quarter valued at approximately $28,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the second quarter valued at approximately $30,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW traded up $0.82 during trading hours on Friday, reaching $138.59. The stock had a trading volume of 1,005,223 shares, compared to its average volume of 3,851,213. The company has a market cap of $75.46 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The business’s fifty day moving average is $136.32 and its two-hundred day moving average is $126.62.

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.