Signet Financial Management LLC Grows Stake in iShares S&P 500 Growth ETF $IVW

Signet Financial Management LLC raised its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 9.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,699 shares of the company’s stock after purchasing an additional 4,654 shares during the period. Signet Financial Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $5,961,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Calamos Advisors LLC raised its holdings in shares of iShares S&P 500 Growth ETF by 2,637.2% in the first quarter. Calamos Advisors LLC now owns 1,168,503 shares of the company’s stock valued at $132,169,000 after acquiring an additional 1,125,813 shares in the last quarter. Focus Partners Wealth grew its holdings in iShares S&P 500 Growth ETF by 81.0% during the 4th quarter. Focus Partners Wealth now owns 1,920,546 shares of the company’s stock worth $236,725,000 after acquiring an additional 859,584 shares in the last quarter. Fifth Third Bancorp increased its position in iShares S&P 500 Growth ETF by 131.3% during the 1st quarter. Fifth Third Bancorp now owns 1,497,810 shares of the company’s stock valued at $169,417,000 after purchasing an additional 850,349 shares during the period. Valpey Financial Services LLC increased its position in iShares S&P 500 Growth ETF by 11,889.3% during the 4th quarter. Valpey Financial Services LLC now owns 712,286 shares of the company’s stock valued at $87,796,000 after purchasing an additional 706,345 shares during the period. Finally, Align Financial LLC bought a new stake in shares of iShares S&P 500 Growth ETF in the 4th quarter valued at about $49,180,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA:IVW opened at $137.89 on Wednesday. The firm has a 50-day simple moving average of $136.59 and a 200-day simple moving average of $126.81. iShares S&P 500 Growth ETF has a one year low of $108.13 and a one year high of $141.98. The firm has a market cap of $75.11 billion, a P/E ratio of 33.33 and a beta of 1.17.

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. 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.