SteelPeak Wealth LLC Has $30.05 Million Holdings in iShares S&P 500 Growth ETF $IVW

SteelPeak Wealth LLC lessened its stake in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 265,668 shares of the company’s stock after selling 14,851 shares during the period. iShares S&P 500 Growth ETF accounts for 0.9% of SteelPeak Wealth LLC’s holdings, making the stock its 22nd largest position. SteelPeak Wealth LLC’s holdings in iShares S&P 500 Growth ETF were worth $30,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Strive Financial Group LLC bought a new stake in iShares S&P 500 Growth ETF in the fourth quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter valued at $28,000. Financial Network Wealth Advisors LLC lifted its holdings in shares of 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 valued at $28,000 after acquiring an additional 143 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of iShares S&P 500 Growth ETF during the third quarter valued at $28,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares S&P 500 Growth ETF in the 2nd quarter valued at $30,000.

iShares S&P 500 Growth ETF Stock Performance

IVW opened at $136.26 on Friday. The firm’s 50-day simple moving average is $136.71 and its 200-day simple moving average is $126.99. iShares S&P 500 Growth ETF has a twelve month low of $108.13 and a twelve month high of $141.98. The firm has a market cap of $74.22 billion, a price-to-earnings ratio of 33.33 and a beta of 1.17.

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.