Old Peak Finance LLC Takes Position in iShares S&P 500 Growth ETF $IVW

Old Peak Finance LLC acquired a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,649 shares of the company’s stock, valued at approximately $450,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Smith Moore & CO. raised its stake in shares of iShares S&P 500 Growth ETF by 2.9% during the third quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after acquiring an additional 85 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its stake in shares of iShares S&P 500 Growth ETF by 0.7% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after acquiring an additional 86 shares during the last quarter. Proactive Wealth Strategies LLC raised its stake in iShares S&P 500 Growth ETF by 1.0% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after buying an additional 86 shares in the last quarter. Ignite Planners LLC raised its stake in iShares S&P 500 Growth ETF by 4.7% in the fourth quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after buying an additional 88 shares in the last quarter. Finally, First National Bank & Trust Co. of Newtown raised its stake in iShares S&P 500 Growth ETF by 1.3% in the fourth quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after buying an additional 100 shares in the last quarter.

iShares S&P 500 Growth ETF Price Performance

IVW stock opened at $141.59 on Tuesday. iShares S&P 500 Growth ETF has a 1 year low of $102.92 and a 1 year high of $141.98. The company has a market cap of $76.73 billion, a P/E ratio of 33.33 and a beta of 1.17. The firm has a 50-day moving average of $127.21 and a 200 day moving average of $123.77.

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.