iShares S&P 500 Growth ETF $IVW Stock Position Raised by Riverbend Wealth Management LLC

Riverbend Wealth Management LLC boosted its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 172.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,025 shares of the company’s stock after purchasing an additional 4,451 shares during the period. Riverbend Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $999,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new stake in iShares S&P 500 Growth ETF during the first quarter worth about $34,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of iShares S&P 500 Growth ETF by 1,071.4% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 246 shares of the company’s stock valued at $34,000 after acquiring an additional 225 shares during the last quarter. First Pacific Financial bought a new position in shares of iShares S&P 500 Growth ETF in the second quarter valued at approximately $34,000. GK Wealth Management LLC bought a new position in shares of iShares S&P 500 Growth ETF in the third quarter valued at approximately $41,000. Finally, YANKCOM Partnership acquired a new position in shares of iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $51,000.

iShares S&P 500 Growth ETF Price Performance

Shares of IVW opened at $141.67 on Friday. The company has a market capitalization of $78.34 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 business’s 50 day simple moving average is $141.19 and its 200-day simple moving average is $135.71.

iShares S&P 500 Growth ETF Company 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.