Life Planning Partners Inc Acquires New Position in iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Life Planning Partners Inc bought a new position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) during the fourth quarter, Holdings Channel.com reports. The institutional investor bought 43,049 shares of the company’s stock, valued at approximately $4,371,000.

Several other institutional investors and hedge funds have also made changes to their positions in IVW. Mountain Hill Investment Partners Corp. purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth approximately $28,000. BankPlus Trust Department purchased a new position in shares of iShares S&P 500 Growth ETF during the 4th quarter worth $36,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares S&P 500 Growth ETF in the fourth quarter valued at about $40,000. Compass Financial Services Inc acquired a new stake in iShares S&P 500 Growth ETF during the fourth quarter worth about $40,000. Finally, Bellevue Asset Management LLC purchased a new position in iShares S&P 500 Growth ETF during the fourth quarter worth about $42,000.

iShares S&P 500 Growth ETF Price Performance

iShares S&P 500 Growth ETF stock opened at $92.55 on Friday. The firm has a 50 day simple moving average of $100.81 and a 200-day simple moving average of $99.86. The stock has a market cap of $50.94 billion, a price-to-earnings ratio of 30.22 and a beta of 1.08. iShares S&P 500 Growth ETF has a 1-year low of $79.07 and a 1-year high of $107.14.

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.