iShares S&P 500 Growth ETF (NYSEARCA:IVW) is Spectrum Planning & Advisory Services Inc.’s 2nd Largest Position

Spectrum Planning & Advisory Services Inc. boosted its position in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 0.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,444 shares of the company’s stock after buying an additional 99 shares during the period. iShares S&P 500 Growth ETF makes up approximately 7.4% of Spectrum Planning & Advisory Services Inc.’s investment portfolio, making the stock its 2nd largest holding. Spectrum Planning & Advisory Services Inc.’s holdings in iShares S&P 500 Growth ETF were worth $8,574,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Davis Capital Management lifted its holdings in shares of iShares S&P 500 Growth ETF by 78.4% in the 3rd quarter. Davis Capital Management now owns 412 shares of the company’s stock valued at $39,000 after buying an additional 181 shares during the period. Element Wealth LLC raised its position in iShares S&P 500 Growth ETF by 31.1% during the third quarter. Element Wealth LLC now owns 577 shares of the company’s stock valued at $55,000 after acquiring an additional 137 shares in the last quarter. Valued Wealth Advisors LLC lifted its holdings in iShares S&P 500 Growth ETF by 160.2% in the third quarter. Valued Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $58,000 after acquiring an additional 370 shares during the period. Copley Financial Group Inc. purchased a new stake in iShares S&P 500 Growth ETF in the 3rd quarter worth approximately $64,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of iShares S&P 500 Growth ETF during the 3rd quarter worth approximately $66,000.

iShares S&P 500 Growth ETF Price Performance

NYSEARCA:IVW opened at $104.48 on Wednesday. The company has a 50 day moving average price of $102.75 and a 200-day moving average price of $97.11. iShares S&P 500 Growth ETF has a 1-year low of $77.20 and a 1-year high of $107.14. The firm has a market cap of $54.74 billion, a price-to-earnings ratio of 28.52 and a beta of 1.14.

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.