iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Modern Wealth Management LLC’s 3rd Largest Position

Modern Wealth Management LLC raised its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report) by 8.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 878,202 shares of the company’s stock after acquiring an additional 69,195 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 3.3% of Modern Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Modern Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $92,773,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of IVW. Mountain Hill Investment Partners Corp. purchased a new position in iShares S&P 500 Growth ETF in the fourth quarter worth $28,000. BankPlus Trust Department purchased a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $36,000. Hantz Financial Services Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. Compass Financial Services Inc purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter valued at about $40,000. Finally, Bellevue Asset Management LLC bought a new stake in iShares S&P 500 Growth ETF in the 4th quarter worth approximately $42,000.

iShares S&P 500 Growth ETF Price Performance

Shares of NYSEARCA IVW opened at $97.11 on Tuesday. The stock has a market capitalization of $53.45 billion, a P/E ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a one year low of $79.07 and a one year high of $107.14. The firm’s 50 day simple moving average is $101.40 and its two-hundred day simple moving average is $99.77.

iShares S&P 500 Growth ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVWFree Report).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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