FLP Wealth Management LLC Grows Position in iShares S&P 500 Growth ETF $IVW

FLP Wealth Management LLC grew its holdings in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 72.7% in the third quarter, Holdings Channel.com reports. The firm owned 11,831 shares of the company’s stock after buying an additional 4,981 shares during the period. iShares S&P 500 Growth ETF comprises about 1.4% of FLP Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. FLP Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $1,428,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of IVW. Russell Investments Group Ltd. boosted its holdings in iShares S&P 500 Growth ETF by 551.7% in the 1st quarter. Russell Investments Group Ltd. now owns 5,285 shares of the company’s stock worth $491,000 after buying an additional 4,474 shares during the period. Quantbot Technologies LP bought a new stake in iShares S&P 500 Growth ETF during the 1st quarter valued at $56,000. Ieq Capital LLC lifted its position in shares of iShares S&P 500 Growth ETF by 71.6% during the first quarter. Ieq Capital LLC now owns 261,313 shares of the company’s stock worth $24,258,000 after acquiring an additional 109,051 shares in the last quarter. Triad Wealth Partners LLC boosted its holdings in shares of iShares S&P 500 Growth ETF by 18.9% in the first quarter. Triad Wealth Partners LLC now owns 184,005 shares of the company’s stock worth $17,081,000 after acquiring an additional 29,238 shares during the period. Finally, Wealth Preservation Advisors LLC bought a new position in shares of iShares S&P 500 Growth ETF in the first quarter worth $417,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $125.00 on Thursday. iShares S&P 500 Growth ETF has a 52-week low of $79.31 and a 52-week high of $126.61. The firm has a market cap of $67.86 billion, a price-to-earnings ratio of 33.33 and a beta of 1.11. The business’s fifty day moving average is $122.59 and its 200 day moving average is $117.14.

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. 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.