iShares S&P 500 Growth ETF $IVW Shares Bought by Compound Planning Inc.

Compound Planning Inc. raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 439.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 25,819 shares of the company’s stock after purchasing an additional 21,036 shares during the quarter. Compound Planning Inc.’s holdings in iShares S&P 500 Growth ETF were worth $2,920,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Strive Financial Group LLC acquired a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $28,000. Financial Network Wealth Advisors LLC raised 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 acquiring an additional 143 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $28,000. Finally, Entrust Financial LLC acquired a new position in iShares S&P 500 Growth ETF in the fourth quarter valued at approximately $33,000.

iShares S&P 500 Growth ETF Trading Down 0.6%

Shares of NYSEARCA:IVW opened at $132.83 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $108.13 and a 12-month high of $141.98. The business has a 50 day moving average of $136.45 and a two-hundred day moving average of $127.42. The company has a market capitalization of $72.44 billion, a PE ratio of 33.33 and a beta of 1.17.

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.