Lifestyle Asset Management Inc. Grows Position in iShares S&P 500 Growth ETF $IVW

Lifestyle Asset Management Inc. raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 419.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,438 shares of the company’s stock after buying an additional 21,351 shares during the quarter. iShares S&P 500 Growth ETF comprises 1.1% of Lifestyle Asset Management Inc.’s portfolio, making the stock its 20th biggest holding. Lifestyle Asset Management Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,259,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Smith Moore & CO. grew its holdings in iShares S&P 500 Growth ETF by 2.9% during the 3rd quarter. Smith Moore & CO. now owns 3,021 shares of the company’s stock valued at $365,000 after buying an additional 85 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in iShares S&P 500 Growth ETF by 0.7% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 11,647 shares of the company’s stock valued at $1,406,000 after buying an additional 86 shares in the last quarter. Proactive Wealth Strategies LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.0% in the 4th quarter. Proactive Wealth Strategies LLC now owns 8,817 shares of the company’s stock worth $1,087,000 after purchasing an additional 86 shares during the period. Ignite Planners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 4.7% in the 4th quarter. Ignite Planners LLC now owns 1,948 shares of the company’s stock worth $241,000 after purchasing an additional 88 shares during the period. Finally, First National Bank & Trust Co. of Newtown boosted its holdings in shares of iShares S&P 500 Growth ETF by 1.3% in the 4th quarter. First National Bank & Trust Co. of Newtown now owns 7,859 shares of the company’s stock worth $969,000 after purchasing an additional 100 shares during the period.

iShares S&P 500 Growth ETF Stock Performance

Shares of iShares S&P 500 Growth ETF stock opened at $139.93 on Friday. The stock has a market cap of $75.84 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17. The stock has a 50 day moving average price of $128.75 and a 200-day moving average price of $124.16. iShares S&P 500 Growth ETF has a one year low of $104.02 and a one year high of $141.98.

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.