Abound Financial LLC Makes New Investment in iShares S&P 500 Growth ETF $IVW

Abound Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 9,316 shares of the company’s stock, valued at approximately $1,148,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF in the 4th quarter worth about $28,000. Financial Network Wealth Advisors LLC raised its stake in iShares S&P 500 Growth ETF by 174.4% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in iShares S&P 500 Growth ETF during the third quarter worth about $28,000. Entrust Financial LLC bought a new position in iShares S&P 500 Growth ETF in the fourth quarter worth about $33,000. Finally, Darwin Wealth Management LLC bought a new position in iShares S&P 500 Growth ETF in the second quarter worth about $30,000.

iShares S&P 500 Growth ETF Stock Up 2.8%

Shares of IVW stock opened at $138.73 on Tuesday. The company has a market cap of $75.18 billion, a P/E ratio of 33.33 and a beta of 1.17. The business has a 50 day moving average of $131.88 and a two-hundred day moving average of $124.91. iShares S&P 500 Growth ETF has a 52 week low of $104.21 and a 52 week high of $141.98.

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.