Horst & Graben Wealth Management LLC Has $6.10 Million Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Horst & Graben Wealth Management LLC lifted its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 81,193 shares of the company’s stock after acquiring an additional 6,764 shares during the period. iShares S&P 500 Growth ETF comprises about 1.3% of Horst & Graben Wealth Management LLC’s holdings, making the stock its 18th biggest position. Horst & Graben Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $6,098,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IVW. Carret Asset Management LLC lifted its position in shares of iShares S&P 500 Growth ETF by 0.4% in the 3rd quarter. Carret Asset Management LLC now owns 39,613 shares of the company’s stock worth $2,710,000 after acquiring an additional 150 shares during the period. Nicolet Advisory Services LLC raised its stake in shares of iShares S&P 500 Growth ETF by 2.0% in the third quarter. Nicolet Advisory Services LLC now owns 7,575 shares of the company’s stock valued at $518,000 after purchasing an additional 152 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in iShares S&P 500 Growth ETF by 4.5% during the third quarter. Gallagher Fiduciary Advisors LLC now owns 3,526 shares of the company’s stock worth $241,000 after buying an additional 153 shares in the last quarter. Lake Street Financial LLC boosted its stake in iShares S&P 500 Growth ETF by 4.6% during the third quarter. Lake Street Financial LLC now owns 3,710 shares of the company’s stock worth $255,000 after buying an additional 163 shares in the last quarter. Finally, First Manhattan Co. increased its holdings in iShares S&P 500 Growth ETF by 0.5% in the 1st quarter. First Manhattan Co. now owns 37,027 shares of the company’s stock valued at $2,828,000 after buying an additional 166 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of IVW stock opened at $83.87 on Friday. The firm has a fifty day moving average of $82.98 and a 200-day moving average of $76.20. iShares S&P 500 Growth ETF has a 52-week low of $63.10 and a 52-week high of $85.56. The stock has a market cap of $44.01 billion, a price-to-earnings ratio of 28.34 and a beta of 1.10.

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.