Decker Wealth Management LLC Invests $2.99 Million in iShares S&P 500 Growth ETF $IVW

Decker Wealth Management LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 26,444 shares of the company’s stock, valued at approximately $2,991,000.

Several other hedge funds also recently made changes to their positions in the company. Strive Financial Group LLC purchased a new stake in iShares S&P 500 Growth ETF in the fourth quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter valued at $28,000. Financial Network Wealth Advisors LLC lifted its position in 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 buying an additional 143 shares during the period. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at $28,000. Finally, Entrust Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at $33,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $134.26 on Monday. The firm’s 50-day moving average price is $136.68 and its 200-day moving average price is $127.06. The company has a market capitalization of $73.16 billion, a PE ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a 1-year low of $108.13 and a 1-year high of $141.98.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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