Avid Wealth Partners LLC Has $10.93 Million Holdings in iShares S&P 500 Growth ETF $IVW

Avid Wealth Partners LLC grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 7.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 96,586 shares of the company’s stock after buying an additional 6,452 shares during the quarter. iShares S&P 500 Growth ETF accounts for about 5.2% of Avid Wealth Partners LLC’s investment portfolio, making the stock its 6th biggest position. Avid Wealth Partners LLC’s holdings in iShares S&P 500 Growth ETF were worth $10,925,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Focus Partners Wealth lifted its stake in shares of iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after acquiring an additional 859,584 shares during the last quarter. Valpey Financial Services LLC grew its position in iShares S&P 500 Growth ETF by 11,889.3% in the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after acquiring an additional 706,345 shares during the last quarter. Align Financial LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $49,180,000. MML Investors Services LLC increased its stake in iShares S&P 500 Growth ETF by 10.9% in the fourth quarter. MML Investors Services LLC now owns 3,645,204 shares of the company’s stock worth $449,308,000 after purchasing an additional 358,496 shares during the period. Finally, LPL Financial LLC lifted its position in shares of iShares S&P 500 Growth ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 19,816,481 shares of the company’s stock worth $2,442,579,000 after purchasing an additional 357,495 shares during the last quarter.

iShares S&P 500 Growth ETF Trading Up 0.6%

Shares of IVW opened at $138.59 on Friday. The firm has a market capitalization of $75.49 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98. The firm has a fifty day moving average price of $136.32 and a 200-day moving average price of $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.