Moneywise Inc. Acquires 6,654 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Moneywise Inc. boosted its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 68,273 shares of the company’s stock after buying an additional 6,654 shares during the quarter. iShares S&P 500 Growth ETF comprises 3.5% of Moneywise Inc.’s portfolio, making the stock its 9th biggest holding. Moneywise Inc.’s holdings in iShares S&P 500 Growth ETF were worth $6,932,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IVW. Hantz Financial Services Inc. acquired a new position in iShares S&P 500 Growth ETF during the fourth quarter worth $40,000. Element Wealth LLC increased its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock worth $55,000 after buying an additional 137 shares during the last quarter. Valued Wealth Advisors LLC increased its position in iShares S&P 500 Growth ETF by 160.2% during the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock worth $58,000 after buying an additional 370 shares during the last quarter. Copley Financial Group Inc. acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $64,000. Finally, ORG Wealth Partners LLC acquired a new position in iShares S&P 500 Growth ETF during the third quarter worth $66,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $104.89 on Thursday. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The company’s fifty day moving average price is $103.27 and its two-hundred day moving average price is $97.52. The company has a market capitalization of $54.95 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.