Valpey Financial Services LLC Purchases 706,345 Shares of iShares S&P 500 Growth ETF $IVW

Valpey Financial Services LLC raised its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 11,889.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 712,286 shares of the company’s stock after buying an additional 706,345 shares during the period. Valpey Financial Services LLC’s holdings in iShares S&P 500 Growth ETF were worth $87,796,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Decker Retirement Planning Inc. bought a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $28,000. Turning Point Benefit Group Inc. bought a new position in iShares S&P 500 Growth ETF in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000. Howe & Rusling Inc. boosted its position in iShares S&P 500 Growth ETF by 484.1% in the 3rd quarter. Howe & Rusling Inc. now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 213 shares during the last quarter. Finally, Entrust Financial LLC bought a new position in iShares S&P 500 Growth ETF in the 4th quarter valued at $33,000.

iShares S&P 500 Growth ETF Stock Up 0.9%

NYSEARCA:IVW opened at $139.60 on Friday. iShares S&P 500 Growth ETF has a 12-month low of $102.32 and a 12-month high of $139.74. The firm has a market capitalization of $75.66 billion, a P/E ratio of 33.33 and a beta of 1.17. The stock’s fifty day simple moving average is $126.23 and its 200-day simple moving average is $123.53.

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.