HB Wealth Management LLC Has $252.99 Million Stock Holdings in iShares S&P 500 Growth ETF $IVW

HB Wealth Management LLC trimmed its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,236,643 shares of the company’s stock after selling 135,416 shares during the quarter. iShares S&P 500 Growth ETF accounts for 1.6% of HB Wealth Management LLC’s holdings, making the stock its 9th largest holding. HB Wealth Management LLC owned about 0.41% of iShares S&P 500 Growth ETF worth $252,987,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Smith Moore & CO. lifted its holdings in iShares S&P 500 Growth ETF by 2.9% during the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock worth $365,000 after buying an additional 85 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management boosted its position in shares of iShares S&P 500 Growth ETF by 0.7% during 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 increased its holdings 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 valued at $1,087,000 after acquiring an additional 86 shares during the last quarter. Ignite Planners LLC increased its holdings 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 acquiring an additional 88 shares during the last quarter. Finally, First National Bank & Trust Co. of Newtown increased its holdings 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 acquiring an additional 100 shares during the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $135.41 on Friday. The stock’s 50-day simple moving average is $135.53 and its 200-day simple moving average is $126.07. The firm has a market capitalization of $73.73 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $108.13 and a fifty-two week high of $141.98.

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.