Focus Partners Wealth Increases Stake in iShares S&P 500 Growth ETF $IVW

Focus Partners Wealth lifted its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 81.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,920,546 shares of the company’s stock after buying an additional 859,584 shares during the quarter. Focus Partners Wealth’s holdings in iShares S&P 500 Growth ETF were worth $236,725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of IVW. Decker Retirement Planning Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $28,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at about $28,000. Darwin Wealth Management LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the second quarter valued at about $30,000. Entrust Financial LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $33,000. Finally, Carolina Wealth Advisors LLC purchased a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at about $36,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $135.00 on Friday. iShares S&P 500 Growth ETF has a 1 year low of $104.21 and a 1 year high of $141.98. The company’s 50-day moving average is $131.40 and its 200 day moving average is $124.77. The stock has a market capitalization of $73.16 billion, a P/E ratio of 33.33 and a beta of 1.17.

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.