LifeSteps Financial Inc. Buys 12,107 Shares of iShares S&P 500 Growth ETF $IVW

LifeSteps Financial Inc. raised its stake in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 101.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 23,991 shares of the company’s stock after buying an additional 12,107 shares during the period. iShares S&P 500 Growth ETF comprises about 1.7% of LifeSteps Financial Inc.’s portfolio, making the stock its 15th biggest position. LifeSteps Financial Inc.’s holdings in iShares S&P 500 Growth ETF were worth $3,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Curated Wealth Partners LLC bought a new position in iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $346,000. Orgel Wealth Management LLC boosted its stake in shares of iShares S&P 500 Growth ETF by 6.0% in the 3rd quarter. Orgel Wealth Management LLC now owns 15,590 shares of the company’s stock valued at $2,218,000 after purchasing an additional 880 shares during the last quarter. ASL Financial LLC increased its position in shares of iShares S&P 500 Growth ETF by 55.4% during the third quarter. ASL Financial LLC now owns 11,546 shares of the company’s stock worth $1,643,000 after buying an additional 4,117 shares during the period. Mather Group LLC. increased its position in shares of iShares S&P 500 Growth ETF by 0.7% during the third quarter. Mather Group LLC. now owns 89,623 shares of the company’s stock worth $12,750,000 after buying an additional 583 shares during the period. Finally, West Wealth Group LLC raised its stake in iShares S&P 500 Growth ETF by 5.2% during the third quarter. West Wealth Group LLC now owns 511,976 shares of the company’s stock worth $72,834,000 after buying an additional 25,108 shares during the last quarter.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA IVW traded down $0.54 during mid-day trading on Thursday, reaching $141.28. 977,583 shares of the stock were exchanged, compared to its average volume of 3,011,934. The stock has a market cap of $78.12 billion, a P/E ratio of 33.33 and a beta of 1.17. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $146.83. The stock has a 50 day simple moving average of $141.18 and a 200-day simple moving average of $135.49.

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.