Sequent Planning LLC Invests $470,000 in iShares S&P 500 Growth ETF $IVW

Sequent Planning LLC bought a new stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, HoldingsChannel.com reports. The firm bought 3,810 shares of the company’s stock, valued at approximately $470,000.

Other hedge funds have also recently made changes to their positions in the company. Thrivent Financial for Lutherans raised its position in shares of iShares S&P 500 Growth ETF by 196.9% during the third quarter. Thrivent Financial for Lutherans now owns 1,441,392 shares of the company’s stock worth $174,005,000 after acquiring an additional 955,862 shares during the last quarter. AlphaCore Capital LLC boosted its position in shares of iShares S&P 500 Growth ETF by 522.0% during the 4th quarter. AlphaCore Capital LLC now owns 299,535 shares of the company’s stock worth $36,921,000 after purchasing an additional 251,375 shares in the last quarter. Lido Advisors LLC boosted its position in shares of iShares S&P 500 Growth ETF by 6.5% during the 3rd quarter. Lido Advisors LLC now owns 3,639,449 shares of the company’s stock worth $439,354,000 after purchasing an additional 221,311 shares in the last quarter. Sofi Wealth LLC boosted its position in shares of iShares S&P 500 Growth ETF by 10.4% during the 4th quarter. Sofi Wealth LLC now owns 2,104,088 shares of the company’s stock worth $259,350,000 after purchasing an additional 198,832 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. lifted its position in iShares S&P 500 Growth ETF by 231.7% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 273,381 shares of the company’s stock valued at $33,003,000 after acquiring an additional 190,970 shares in the last quarter.

iShares S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA IVW opened at $136.72 on Monday. The stock has a market cap of $74.10 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a fifty-two week low of $100.76 and a fifty-two week high of $139.10. The firm’s 50-day simple moving average is $122.95 and its 200 day simple moving average is $122.71.

About iShares S&P 500 Growth ETF

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.